KN Market View 2024-12-01

#KNMarketView

Main Topics

Key Events - President Trump threatened to impose 100% tariffs on the BRIC alliance, should they take actions to undermine the U.S. dollar.

Government Bonds and Currencies - Brazilian Real hits record high at 5.97 reais per dollar amid fiscal concerns. Japanese Yen strengthens on rate hike expectations ahead of BOJ meeting.

Commodities - Gasoline prices dip amid middle east truce and US tariff tensions.

Stocks - Shanghai posted a nice 1.81% WoW return, while Brazilian markets experienced a -2.68% return.

Crypto - Altcoins take center stage as Bitcoin approaches $100,000 milestone.

Weekly Paper Picks - Backtest overfitting in the machine learning era.