GOLDMAN DELAYS CHINA EASING TO 2026, SEES GRADUAL YUAN RISE
Goldman Sachs now expects China’s next monetary easing in 2026, citing the PBOC’s focus on currency stability and reform. The bank forecasts a 10bp rate cut and 50bp reserve ratio cut in Q1 2026, another 10bp cut in Q3, and a gradual yuan appreciation instead of major stimulus.
(@WalterBloomberg)
TRUMP ADMIN WEIGHS LIMITS ON SHAREHOLDER VOTING
The Trump administration is considering an executive order to restrict shareholder voting, The Wall Street Journal reported. The plan could curb proxy-advisory firms like ISS from giving voting advice and limit how major fund managers such as BlackRock, Vanguard, and State Street vote for investors. Discussions have been underway for weeks.
(@WalterBloomberg)
COLOMBIA SUSPENDS INTEL SHARING WITH U.S.
President Gustavo Petro has ordered Colombia’s security forces to stop sharing intelligence and cooperating with U.S. agencies. He said the suspension will remain until missile attacks on Caribbean boats end, stressing that anti-drug efforts must respect human rights. Petro cited a CNN report that the U.K. also halted intel sharing with the U.S. over similar concerns.
(@WalterBloomberg)
THE UNEMPLOYMENT RATE FOR 20- TO 24-YEAR-OLDS IN THE U.S. IS 9.2% — EXCLUDING THE COVID PERIOD, THAT’S THE HIGHEST LEVEL SINCE 2016
(@WalterBloomberg)
TRUMP TO PUSH FOR OIL DRILLING OFF CALIFORNIA COAST - WSJ
(@WalterBloomberg)
U.S. SUPREME COURT EXTENDS PAUSE ON JUDGE'S ORDER THAT REQUIRED TRUMP ADMINISTRATION TO FULLY FUND FOOD AID FOR 42 MILLION AMERICANS THIS MONTH AMID FEDERAL GOVERNMENT SHUTDOWN
(@WalterBloomberg)
HOUSE DEMOCRATIC CAUCUS WILL MEET AT NOON WEDNESDAY IN WASHINGTON - PUNCHBOWL
(@WalterBloomberg)
GOVERNOR NEWSOM: CLIMATE RISK IS BECOMING INCREASINGLY UNINSURABLE
(@WalterBloomberg)
COINBASE CALLS OFF $2B DEAL WITH STABLECOIN STARTUP BANk
(@WalterBloomberg)
SAUDI ARABIA IS HOSTING A U.S.-SAUDI INVESTMENT SUMMIT WEDS. NOV. 19 IN WASHINGTON D.C. - CBS NEWS
(@WalterBloomberg)
AMD SEES "TENS OF BILLIONS'' OF DATA CENTER REVENUE IN 2027
(@WalterBloomberg)
*US MILITARY EXPLORES BUILDING BASE FOR 10,000 PEOPLE NEAR GAZA
*NAVY REQUEST FOR INFORMATION DETAILS PLAN FOR POTENTIAL BASE
(@WalterBloomberg)
AMD CEO LISA SU: AMD HAS $45 BILLION IN CUSTOM CHIP DESIGN REVENUE THAT WILL BEGIN IN 2026 - ANALYST DAY
(@WalterBloomberg)
NEWSOM: TRUMP OFFSHORE OIL PLAN IS “DEAD ON ARRIVAL” IN CALIFORNIA
(@WalterBloomberg)
TRUMP PRAISES JOHNSON ON SHUTDOWN END
President Trump congratulated House Speaker Mike Johnson and Senate leaders for ending the government shutdown, calling it a “very big victory” during a Veterans Day speech in Arlington. The Senate has approved the spending bill, now headed to the House.
Trump also thanked veterans for their service, while VP JD Vance emphasized that military recruits are the nation’s “most valuable resource” and urged leaders to fully support them.
(@WalterBloomberg)
HOUSE PANEL TO SET RULES FOR FUNDING BILL DEBATE
The House Rules Committee will meet at 6:30 p.m. to set terms for debating the Senate-passed bill to end the U.S. government shutdown, NBC News reported. This step is required before the bill reaches the House floor.
(@WalterBloomberg)
TRUMP SAYS HE MAY SUE BBC FOR DEFAMATION
President Donald Trump said he feels “obligated” to sue the BBC for allegedly editing his January 6, 2021, speech. Speaking to Fox News’ Laura Ingraham, Trump said, “You can’t allow people to do that.”
(@WalterBloomberg)
TRUMP TO ALLOW OIL DRILLING OFF CALIFORNIA COAST
The Trump administration plans to permit oil drilling off California’s coast, sources told Bloomberg. The move is expected to spark conflict with Democratic Governor Gavin Newsom. The upcoming plan may also include drilling near Alaska and the Eastern Gulf of Mexico. The Interior Department declined to comment.
(@WalterBloomberg)
WHITE HOUSE EXPLORES EXECUTIVE ORDER TARGETING PROXY-ADVISER INFLUENCE, SOURCES SAY -- WSJ
WHITE HOUSE OFFICIALS HAVE DISCUSSED LIMITS ON HOW INDEX-FUND MANAGERS CAN VOTE SHARES, SOURCES SAY -- WSJ
(@WalterBloomberg)
Trump Claims Crime in Chicago Has Dropped Sharply After Federal ‘Midway Blitz’ Operation
Trump Announces Decline in Shootings, Robberies, and Carjackings in Chicago Following DHS Action
(@WalterBloomberg)
DOMINICAN REPUBLIC GOVERNMENT SAYS COUNTRY SUFFERED NATIONWIDE BLACKOUT- STATEMENT
(@WalterBloomberg)
NEWSOM: TRUMP ORDER TO OPEN CALIFORNIA TO OFFSHORE DRILLING IS DEAD ON ARRIVAL
(@WalterBloomberg)
WOULD A 50-YEAR MORTGAGE MAKE HOMES MORE AFFORDABLE?
The Trump administration is considering 50-year mortgages, which could lower monthly payments but sharply raise total interest costs.
A $360,000 loan at 6.25% might save about $250 a month compared with a 30-year mortgage, but total interest would nearly double — $816,000 versus $438,000.
Experts warn rates would likely be higher and equity would build much more slowly.
(@WalterBloomberg)
COINBASE CALLS OFF $2B DEAL WITH STABLECOIN STARTUP BVNK: FORTUNE
(@WalterBloomberg)
AMD SEES DATA CENTER GROWTH OF MORE THAN 80% CAGR
(@WalterBloomberg)
AMD CEO LISA SU: AMD SEES DATA CENTER TOTAL MARKET WILL GROW TO $1 TRILLION BY 2030
(@WalterBloomberg)
TRUMP ON HOUSE SHUTDOWN VOTE: I THINK THEY'LL VOTE POSITIVELY
(@WalterBloomberg)
U.S. STOCKS EXTEND GAINS, DOW JONES UP 1.00%
(@WalterBloomberg)
GOV. NEWSOM: CHINA IS FLOODING THE ZONE AND WILL DOMINATE IN NEXT GREAT GLOBAL INDUSTRY
(@WalterBloomberg)
TRUMP ADMIN DECLARES CFPB FUNDING ILLEGAL: POLITICO
(@WalterBloomberg)
