U.S. private jobs, consumer spending data support Fed rate hike
http://www.reuters.com/article/us-usa-economy-idUSKBN13P1OI
GM’s Ready to Lose $9,000 a Pop and Chase the Electric Car Boom
https://www.bloomberg.com/news/articles/2016-11-30/gm-s-ready-to-lose-9-000-a-pop-and-chase-the-electric-car-boom
Oil up more than 8 percent as OPEC finalizes output cut deal
http://www.reuters.com/article/us-global-oil-idUSKBN13O06N
Required Reading
Trump says he will get out of business to focus on presidency Oil rallies on OPEC cuts OPEC agrees first output cut since 2008, Saudis to take ‘big hit’ North Carolina police officer justified in black man’s shooting: prosecutor FBI to gain expanded hacking powers as Senate effort to block fails Met a friendly stranger?…
What’s So Bad About Saving 1,000 Jobs?
We are amazed at the White House reaction and we are amazed by the left’s reaction to Trump’s saving of 1,000 Carrier jobs in Indiana. What is the matter with these people. Did they not see the video of the employees when they were told they would lose their jobs? Did they not see the…
The Closing Look
Stocks opened higher on Wednesday but closed mixed to mostly lower on the last trading day of the month. The big move to the upside came after oil prices spiked. OPEC cut production by 1.2 million barrels a day to help end the record supply glut. Economic data was mixed. Mortgage Applications plunged 9.4% while…
Samsung Electronics Is Heading for a Split?
http://bloom.bg/2fNBsJC
Amazon Plans Premium Alexa Speaker With Large Screen
https://www.bloomberg.com/news/articles/2016-11-29/amazon-said-to-plan-premium-alexa-speaker-with-large-screen
US seeing modest to moderate growth in most regions of the country, Fed’s Beige Book shows
http://www.cnbc.com/2016/11/30/bank-stocks-rise-nearly-19-percent-on-pace-for-their-best-month-in-history.html
Supersonic Is Coming Back. Will the Airlines Buy It?
https://www.bloomberg.com/news/articles/2016-11-29/supersonic-is-coming-back-will-the-airlines-buy-it