Pensions dump US equities over AI fears
Plus, bond investors sound alarm, US stocks on the rise and Münter at the Guggenheim
Day: December 10, 2025
Wall Street ticks lower ahead of call by a divided Federal Reserve
U.S. markets are slightly lower ahead of a Federal Reserve meeting Wednesday that’s expected to end with the third interest rate cut this year.
Oil market faces ‘super glut’ as supply surge hits prices
Commodities trader Trafigura says burst of new supply coming online will collide with reduced demand growth
IMF urges China to take the ‘brave choice’: curb exports, boost consumption
BEIJING, Dec 10 (Reuters) – The International Monetary Fund on Wednesday urged China to make the “brave choice” of speeding up structural reform, as pressure grows on the world’s second-largest economy to shift towards a consumption-led model and curb reliance on debt-driven exports.
A Random Walk Down Wall Street – Burton Malkiel
A book that explains how financial markets work and why prices often move randomly. It provides the basics of long-term investing and warns against chasing news and bubbles.
Technical Analysis of the Financial Markets – John Murphy
A comprehensive reference for technical analysis. Explains how to read charts, price patterns, indicators, and trend theory. Provides fundamentals that help traders understand and analyze price movements with confidence.
Market Wizards – Jack D. Schwager
It includes interviews with the world’s leading traders, revealing the secrets of their success and how they approach the market. It gives readers insight into the various strategies and common factors shared by successful traders.
Trading in the Zone – Mark Douglas
The book focuses on the trader’s psychology and how to make decisions without fear or greed. It explains why discipline is more important than strategy, and how confidence and risk management make the difference between profit and loss.