With dropping expectations and only somewhat improving current assessment, the November Ifo index suggests that the German economy remains deeply stuck in stagnation at year-end.

Stocks climbed higher on Friday as traders grew more optimistic about the possibility of the Federal Reserve lowering interest rates next month.

The market may feel like a bubble, but there are plenty of reasonably priced alternatives—just avoid Newton’s mistake of selling too early, then jumping back in at the top and losing a fortune.

For the US500, attention turns to a dense run of U.S. macro data that will shape expectations for growth, inflation, and Fed policy into year-end.

The primary trend in equities remainsup, but the short-term picture continues to deteriorate, warranting a cautious stance as further risk-off is expected.

USD/CAD remains supported above 1.40, with buyers stepping in on pullbacks as strong fundamentals and weak oil prices favor a gradual climb toward 1.4250.