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Anti-Clickbait News Summaries for December 8, 2024
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Anti-Clickbait News Summaries for December 8, 2024

China unveils new iron-making technology that boosts productivity by 3,600 times

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Jack
Dec 08, 2024
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Anti-Clickbait News
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Anti-Clickbait News Summaries for December 8, 2024
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Hi, it’s Jack and the Daily Moat team with your daily news summaries 😇

📣 You can lock in at the crazy price of $1/month or $10/year → SECRET LINK 📣

For the last few months, I have consistently posted news summaries, daily market changes, and podcasts for free, and we have crossed 10,000 daily reads on every email sent.

I spend 3 hours every day to create this newsletter.

I haven’t missed a single day, even when I was sick.


Annual price == 2 coffees at Starbucks for 365 intelligence-level reports.


The newsletter is read daily by decision-makers from companies ranging from Silicon Valley to oil traders in the Emirates and Saudi Arabia, and back to the blue chips on Wall Street.

Happening Today:

  1. Market Status:
    - It's a Sunday, so regular stock markets remain closed
    - Investors and analysts are preparing for the upcoming week's significant events

  2. Key Events Being Watched:
    - Inflation data is coming up in the next week and is being closely monitored as it could impact Fed rate decisions 12
    - Upcoming earnings reports from major companies:

    • Costco

    • Broadcom
      These are being highlighted as key events to watch 2

  3. Market Analysis:
    - Analysts are actively discussing whether stocks can achieve a third consecutive year of big gains 3
    - Markets are currently described as "priced for perfection" with potential risks from upcoming inflation data 1

  4. Current Market Leaders:
    For context, the best-performing stocks of 2024 have been:
    - Nvidia (NVDA): 179.2% gain
    - Axon Enterprise (AXON): 150.6% gain
    - GE Vernova (GEV): 135.3% gain
    - Targa Resources (TRGP): 135.2% gain 4

This Sunday is serving as a preparation day for investors before a significant week ahead, with a particular focus on upcoming inflation data and earnings reports that could impact market direction 2.

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