http://MikesDailyMarketReport.com: Both the Producer Price Index (PPI) and Core PPI rose 0.1% in November. This index gauges inflation in the Wholesale sector. The Core PPI's YoY rose sharply from 1.1% to 1.4%. Consumer Sentiment rose from 76.9 in November to the initial December data of 81.4. Stocks are Down primarily due to pessimism over a Stimulus package to be completed any time soon and an increased possibility of a "hard" Brexit, as talks between the UK's PM and EU's President appear not effective. FDA advised to move forward with the emergency vaccines by BioNTech and Pfizer. MBS is Up 12bps, so we'll see a bit of improvement with Lenders' Rate sheets. Also, Yields have slid down to 0.88%; and below it's Technical floor and 25 DMA.
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