Over the wall 📶

Might happen: JPMorgan Chase foresees S&P 500 declining in 2024.

No demand: China’s manufacturing and services industry slowed in November 2023.

Going backwards: Argentina’s GDP dropped in the 12 months leading to September 2023 while the monthly pace of inflation hit about 13%, which is unseen since the early 1990s.

Shrunk down: France’s economy contracted in the 3rd quarter of 2023.

Low cost: A decline in the cost of lithium, nickel, and cobalt are driving battery prices to all-time lows in comparison to the same time last year (November 2022).

Software attack: Google mentioned there’s a massive increase on Chinese cyberattacks on Taiwan.

Recovery bill: Wealth countries pledged $260 million at the COP28 for climate damages.

Another transaction: AbbVie is buying cancer drug maker ImmunoGen for a total equity value of $10.1 billion.

In talks: Occidental might buy CrownRock, which might be valued at more than $10 billion including debt.

Sold business: Pharmavite agreed to buy Bonafide Health for $425 million.

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