In the US, stocks rose, led by a rally in tech. The S&P was up 0.9%.

• Wall Street banker bonuses are poised to plunge.

• Investors are uber-bearish about the year ahead.

• Leaders agree to condemn Russia as food security looms large.

• A battle is brewing in Tuscany over chemical waste on a beach.

• Russian missiles kill two in Poland, AP reports.

• US stocks gain after some more positive price data.

• Hey, you're one in eight billion! Yes, you heard us right.

• In the US, stocks rose, led by a rally in tech. The S&P was up 0.9%.

•  Producer prices declined in October more than expected, the latest sign that pressures are (maybe) starting to ease.

• Kevin McCarthy was reelected Republican leader as House control is in limbo, the first step toward taking the speakership.

• Sam Bankman-Fried faces questioning in the US.

• Xi’s crackdowns drive Chinese billionaires to booming Singapore.

• FBI “extremely concerned” about TikTok operating in the US.

• Australia expected to see fastest wage hikes in almost a decade.

• Get ready for Trump in 2024.

• Apple pivots from Asia with American-made chips.

• Biden urges caution after rocket strikes Poland.

On the calendar today are US retail sales, industrial production, and a host of Fed and ECB speakers

If you trade the AUD or commodities, be aware that the country’s largest tugboat operator will be locking its crews out of the docks over a wage dispute that has been ongoing for three years. This could cause dramatic supply chain issues!!

U.S inflation seems to have peaked, and we are starting to see signs of inflation easing; however, it still has a long way to go to reach the Feds 2% target. As I mentioned before, I expect the Fed to only raise by 50 bps in December, although this does not mean their tightening is over, just that further rate increases will be smaller. Data will remain key going forward.

China chose a very strange time to consider easing Zero Covid restrictions. The countries cases continue to increase at a fair rate.

The planet welcomed a baby into the world that pushed the population past 8 billion.

I am hearing the Russian missile that killed two in Poland may have been the result of a deflection caused by a Ukrainian rocket hitting the missile thereby changing its course!

Although UK inflation may have spike for 2022 at 11.1% in October. The UK budget could change this as the Chancellor needs to find around £50 to £60 bn to help balance the books. As he and Sunak cut the time for households to have their electricity and gas capped to only 6 months, I would expect a bounce in inflation around May next year.

Global News

Warren Buffett’s Berkshire Hathaway took a stake of about $5 billion in Taiwan Semiconductor Manufacturing, the world’s leading chipmaker and exclusive supplier of Apple’s custom Silicon chips. The Omaha-based conglomerate acquired about 60 million American depository receipts in TSMC in the three months ended September, according to a filing. The stake would’ve cost him $5.1 billion, assuming Buffett bought TSMC’s ADRs at the average price for the third quarter. It’s a sign that the legendary investor thinks the chipmaker has bottomed out after a selloff of more than $250 billion. BB

Wall Street bonuses may be grim this time around. Dealmaker payouts  may fall as much as 20% while underwriters will probably see incentive pay plunging up to 45%, a report shows. "There will be a lot of unhappy people," said Johnson Associates. Not all bad: Stock trader rewards may hold firm, while fixed-income colleagues can expect a 15% to 20% bump. BB

Uber-bears abound. Investors are bracing for a bumpy ride next year, expecting a situation in which growth continues to slow while inflation remains hotter than average.

· More than 90% of money managers expect stagflation in 2023, according to BofA's Global Fund Manager November survey. Tail risks also include geopolitics and a systemic credit event.

· An absolute 0% see a "goldilocks" scenario, while 77% expect a global recession.

· That's kept fund managers most overweight cash and most underweight equities. BofA strategists recommend selling the S&P above 4,100 points BB

All eyes are on Bali as leaders work on a stance on the war in Ukraine as the secure shipment of grain remains vital to food security. Here's the latest:

· Russia is expected to agree to extend a UN-brokered deal allowing exports of Ukrainian grain and other farm products from the Black Sea, ensuring a vital flow of foodstuffs to the world market.

· At the same time, Russian diplomats fanned out to again push unsubstantiated claims that nations including the US are to blame for high global food prices.

· German leader Olaf Scholz said there's growing consensus among leaders that Russia's war against Ukraine cannot be accepted.

· Diplomatic dance: Foreign Minister Sergei Lavrov stayed in the room during Volodymyr Zelenskiy's virtual address. G-20 leaders also remained in their seats when Lavrov spoke. There had been suggestions ahead of time that some leaders might leave when he delivered his remarks BB

• A majority of G-20 heads are set to condemn the war, according to a joint statement drafted for the summit. The goal had been to get some sort of document no matter what, to avoid this becoming the first G-20 to wrap up without a joint statement at all.

• On the ground, Russian troops are trying to hold captured territories and continue to equip defensive lines along the left bank of the Dnipro river south of Kherson. And the EU announced the start of a military assistance program to provide training to the Ukrainian army. BB

Britain's job shortages showed no signs of easing in the third quarter as more people dropped out of work and wages grew at the fastest pace in over a year, adding to inflationary concerns for the BOE. BB

British families are being hit by stealth taxes, writes Stuart Trow. Ministers have signaled sharp tax increases that will compound the cost-of-living crisis. What fewer may appreciate, though, is that due to idiosyncrasies in the tax system, many people have been paying higher stealth taxes for years. And thanks to inflation, more people will be paying a lot more tax than they realize. BB

Investor confidence in Germany's economic outlook rebounded to its highest level since June on optimism that euro-era inflation may be peaking. The ZEW institute's gauge of expectations climbed to -36.7 in November, better but still below its long-term average.BB

Russian missiles crossed into Poland, killing two people, the AP reported—an incident which could have serious global consequences.

· Moscow called the reports a "deliberate provocation" and denied that its military had aimed rockets at targets near the Polish border.

· Poland, a NATO ally, convened an emergency meeting of its National Security Committee. The US and other NATO nations are awaiting confirmation of the strikes.

· Earlier, Russia slammed Ukraine with a missile barrage just hours after Volodymyr Zelenskiy said Moscow must accept his country's borders and withdraw its troops for peace talks to take place.

· It might be a good time to check out our QuickTake on Article 5, the principle that establishes that an attack against one NATO member is considered an attack against all.

Any hope of reviving the Iran deal has been has been killed by Tehran's increasing support of Russia, with its crackdown on protesters as an aggravating factor, Julian Lee writes. The EU, UK and US have all imposed new sanctions in response to Iranian sales of drones to Moscow. That's bad for both oil supply and for containing the country's nuclear ambitions. BB

A baby was born somewhere Tuesday, pushing Earth's population past the 8 billion mark. The UN says our booming numbers have contributed to environmental damage, while driving global warming and deforestation. It estimates the world will top 9 billion people in 15 years, a slowdown. BB

Apple is preparing to begin sourcing chips for its devices from a plant under construction in Arizona, marking a major step toward reducing the company’s reliance on Asian production. CEO Tim Cook made the disclosure during an internal meeting in Germany. He was likely referring to an Arizona factory that will be run by Taiwan Semiconductor Manufacturing Co., Apple’s exclusive chip-manufacturing partner, which is slated for a 2024 opening. Shares in TSMC climbed as much as 3% in late US trading after Bloomberg News reported on Cook’s remarks. BB

The UK still sees “big gaps” with the EU over post-Brexit arrangements in Northern Ireland, Foreign Secretary James Cleverly told Parliament yesterday. While some progress has been made on a live database tracking goods moving from Britain to Northern Ireland, there is no resolution and the two sides are not on the cusp of a deal, he said. BB

President Xi Jinping urged Dutch leader Mark Rutte to avoid “decoupling” as the US pressures the Netherlands to avoid selling high-end chip technology to China. “We must oppose the politicization of economic and trade issues and maintain the stability of the global industrial chain and supply chain,” Xi told Rutte at a meeting in Bali. BB

• Apple takes a step toward curbing its dependence on Asian suppliers. China's lockdowns may cut iPhone output. And the FBI is still worried about TikTok.

• Made in the USA. Apple is getting ready to source chips for its devices from a plant under construction in Arizona, a major step toward reducing its reliance on factories in Asia. It may also expand supplies from Europe.

• Shipments of the iPhone Pro will fall short of earlier estimates due to lockdown-related disruptions in China, Morgan Stanley said. The shortfall relates almost entirely to the 14 Pro and 14 Pro Max, assembled in Zhengzhou. BB

Commodities

Gas Cap | The Commission is considering proposing a maximum price ceiling for one of the world’s biggest natural gas hubs to help meet the demands of governments calling for the controversial tool. The exact parameters to trigger the so-called market correction mechanism on the Dutch Title Transfer Facility would be fixed upfront to avoid lengthy decision-making procedures, according to a document shared with member states yesterday. BB

Crypto/Digital

The FTX contagion continues to claim victims, with crypto venture firm Sino Global announcing today “mid-seven figure” exposure to the now-bankrupt crypto exchange. Trading platform Liquid Global has also halted withdrawals today, citing the FTX collapse. And with the bankruptcy filings suggesting that there are more than 1 million creditors lining up, only one question remains: which crypto firm hits the skids next? BB

Sam Bankman-Fried sent a series of cryptic tweets spelling out the words "What HAPPENED" after his wealth wipeout. After the collapse of FTX, crypto mining firms listed in Toronto foresee more turmoil and a lingering crisis of confidence in digital assets. Hive Blockchain warned of many more bankruptcies to come. BB

An interesting ARTICLE on the Metaverse (not my recommendation!)  by Nico Nobili — Alias ​​SirNickNite

By 2030, the metaverse is expected to grow from its current size of $1 billion to $3 trillion. A value that is larger than the entire economy of Japan. It’s all thanks to the vast potential that virtual reality offers.

To date, there are 43 distinct worlds of virtual reality, and overall there are 350 million people living there.

VR has the power to revolutionize every industry, from entertainment to education, healthcare to retail. As more and more companies enter this space, investment opportunities will only increase.

MOST KNOWN METAVERSES ALREADY BUILT

EVE Online is a popular massively multiplayer online role-playing game (MMORPG) with over 500,000 active subscribers. In Eve Online, players can own properties, trade and compete.

Another interesting Metaverse is Second Life: it was launched in 2003. It has more than one million monthly active users and continues to grow. In Second Life, users can create their own avatars, build homes and businesses, and interact with other users.

Minecraft is a popular sandbox video game that allows players to build constructions with textured cubes in a procedurally generated 3D world. Minecraft has over 122 million monthly active players.

These are just some of the examples of existing metaverses, but there are many others. As technology improves, and more people become aware of the possibilities, the metaverse will only grow.

So how can you make money with this new reality?

1) Invest in virtual reality hardware and software companies

2) Invest in virtual buildings and spaces in the Metaverse

3) Invest in companies that are using virtual reality to solve real-world problems

4) Buy tokens linked to a specific parallel world

As the metaverse grows, so too do the opportunities to make money from it. So, if you are looking to invest in something with huge potential, this is a good place to start.

One of the most obvious ways to make money from metaverse is investing in the companies that are creating it.

This includes companies that are making virtual reality hardware, such as headsets and controllers, as well as software companies that are creating the platforms and applications that will make up the metaverse.

Some of the biggest names in technology are investing in this space. Facebook bought Oculus Rift for $2 billion in 2014, and has poured another billion into VR development since. Google, Samsung, HTC, and Sony are also all major players in the VR hardware space.

Then there are the software companies. These are what build the actual experiences people will have in VR. Some of the big names here include Unity Technologies, which makes a popular game engine used by many VR developers, and Magic Leap, which is working on a cutting-edge AR / VR platform.

Knowing these companies and understanding their future development is a kind of fundamental market analysis.

You can learn how to do these analyzes yourself, or by reading and keeping yourself informed in specialized journals.

Next you need to place your investment.

INVESTING IN BUILDINGS AND VIRTUAL SPACES IN THE METAVERSE

Another way to make money from the metaverse is to invest in virtual real estate. This includes buying virtual land or buildings, or investing in the development of new virtual spaces.

This is already happening on a small scale in some VR worlds, such as Second Life and Eve Online. But as the metaverse grows, there will be more opportunities to get involved.

One company that is already doing this is High Fidelity, which is building a platform for people who create and sell virtual items and experiences.

Another is Decentraland, which is creating a decentralized virtual world where users can buy and sell land.

Perhaps I consider this the best way to make excellent investments. Also, it is the simplest: it looks a lot like the classic real estate sector, only it is in this parallel virtual reality.

Finally, you can also make money investing in companies that are using VR to solve real-world problems.

This includes companies that are using VR for training, education, healthcare, retail, or any other industry.

Some examples of companies doing this include Strivr, which uses VR for employee training, and the medical company Virta Health, which uses VR to help treat patients with chronic pain.

BUYING TOKENS CONNECTED TO SPECIFIC WORLDS

The last way to make money from the metaverse is to buy tokens connected to virtual urban squares.

This could be done with a virtual world that has its own currency, such as Second Life or Decentraland. It could be done with a platform that allows users to build their own worlds, such as High Fidelity or Somnium Space.

Either way, you are essentially investing in a specific world or ecosystem, and if that world grows in popularity, your investment will grow with it.

So these are four ways to make money with metaverse. But how can you be sure you are investing in the right thing?

The key is to find an investment that has three things: high potential, low risk, and a clear path to adoption.

High potential means that the investment has the potential to grow a lot in value. Low risk means you are not likely to lose money. A clear path to adoption means there’s a good chance it’s being used by people in the real world.

Right now, two investments meet these criteria: Decentraland and High Fidelity.

Decentraland is a decentralized virtual world where users can buy and sell land. The project has high potential because it is one of the first virtual worlds to be built on a blockchain. It also has a clear path to adoption, with a working product that is already being used by thousands of people.

High Fidelity is a platform for people to create and sell virtual items and experiences. The project has high potential because it allows users to create their own worlds, which could be very popular in the future. It also has a clear path to adoption, with a working product that is already being used by hundreds of people.

So, if you are looking for an investment that has the potential to take off like Bitcoin, these are two good options to consider.

If you want to find out the latest news and info on technology and health technology. If you want to discover some secrets about the tech world that almost nobody knows, subscribe tommy Twitter: https://twitter.com/SirNickNite

My team and I are creating the first project that combines technology and artificial intelligence with human beings. Creating technological products that adapt, blend, and merge with man. Making him more bionic.

So, if you want to discover the technological innovations of our team or if you want to discover the first smartwatch we are planning that will monitor your health in a way never seen before then take a look here and subscribe to our email: https://sybershel.com/

Market levels (all analysis is based on CME futures contracts)

 DISCLAIMER.

The content of this daily newsletter should only be considered a guide and views, opinions or content contained in this email is provided solely for information purposes and does not constitute investment advice or a solicitation to trade or invest.

Chris Tubby

Senior Director Trading and Education

Symax Fintech