It was a fast morning of hitting the big news that has long term repercussions.
First, we discuss the decision by POTUS to allow H200 Nvidia chips to be exported to China. Time has passed and these are like last weeks newspaper. Here is the big idea - we continue to normalize trade with China, so hopefully we can keep getting exprot certificates for rare earths!
Next, the hostile takeover of Warner Brothers by Paramount is more than simply an exciting news story - it's about the future of the movie industry as we know it. I like Paramount because they are bringing UFC over in January. Time will tell if the minnow swallowing the whale will actually happen.
As for markets, earnings are strong. All we have to fear is AI stock disappointments and the Fed not slashing rates fast enough - so, plenty of risk!