Morning News: January 5, 2024
Eurozone Inflation Rose Less Than Expected, Keeping Rate-Cut Talk on Track
Investors Kick Off 2024 with $123 Billion Record Cash Shift
Investors Flee to US Money Market Funds on Caution as Rate Cut Optimism Cools
Economist Alberto Musalem Named Next President of St. Louis Fed
Troubled China Shadow Bank Zhongzhi Files for Bankruptcy
Haidar Overhauls Macro Hedge Fund Trades Amid Record 43% Plunge
Red Sea Attacks Menace Energy Tankers but Don’t Stop Them
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
US Jobs Report to Show Hiring Concentrated in Only a Few Sectors
Apple’s Ugly 2024 Start Puts Most-Valuable Stock Title at Risk
Netflix Considers Ways to Make Money From Videogames in Possible Pivot
How China’s BYD Beat Tesla at Its Own Game
Driverless Truck Companies Plan to Ditch Human Copilots in 2024
Late M&A Bonanza Stokes Healthcare Dealmakers Ahead of JPMorgan Conference
Ozempic Mania’s Billions in Bills Are Coming for US Taxpayers
Starbucks Faces New Pressure Over Union Campaign
Major French Retailer Drops PepsiCo Products Over High Prices
Gen Zers Who Want the Buzz But Not the Hangover Are Fueling a Nonalcoholic Spirits Boom
Tepper’s $2 Billion Hedge Fund Payday Marred by NFL Meltdown
Victor Wembanyama Sets Course to Become a Basketball Billionaire Unlike Any Other
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Posted by Eddy Elfenbein on January 5th, 2024 at 7:02 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 
