Writing the summary…
India’s retail inflation jumps to 5.54% in September, above estimates
Source: CNBC
Original reporting
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Plenty is working against this market. Here's why I'm staying invested anyway
The fact is, I don't have a strong case for owning stocks at the moment.
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Saudi Arabia says drones and missiles still targeting Kingdom as Iran-backed Houthis step up attacks
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Beckham, Yao Ming attend NBA China Games in a boost to Macao's live events
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Nobel prize in economics awarded to Robert E. Hall and Michael Woodford
The Sveriges Riksbank Prize in Economic Sciences has been awarded to Robert Hall and Michael Woodford for developing the “microeconomic foundations of macroeconomic stabilisation” There’s some movement in the Nobel economics prize betting, with around 45 minutes to go until the announcement. Sidney Winter, the professor emeritus of management at the Wharton School , and Lawrence Katz, the Elisabeth Allison Professor of Economics at Harvard University, have both appeared high on Polymarket’s odds at times this morning (although the market is very volatile). Continue reading...