1. December and January of Election Year.
@ryandetrick
https://twitter.com/RyanDetrick
2. November was Biggest Corporate Buybacks on Record.
3. Not Sure About Risk Part…But Great Chart on History of Concentration at Top of S&P
4. Nasdaq 100 Earnings Growth vs. Russell 2000 Small Cap
Found at Nasdaq Dorsey Wright https://www.nasdaq.com/solutions/nasdaq-dorsey-wright
5. European Financials (EUFN) Straight Up Since November 1
One Tick Away from 15-Year Highs.
6. German Stock Market Breaks Out Above 2021 Highs
7. Interesting Germany is Manufacturing Country
Advisors Perspectives Blog …Stocks move ahead of economy…Not sure if Germany signaling end of this global manufacturing slump
by Jeffrey Kleintop of Charles Schwab https://www.advisorperspectives.com/commentaries/2023/12/05/2024-global-outlook-big-picture
8. Gold Rally vs. Commodity Slump
Chart shows gold vs. COMT commodity Etf
9. Exxon Chart Big Cap Energy Leader
XOM 50day crosses below 200day on chart…..about to break July levels.
10. NCAA Proposes that Athletes Can Get Paid-Morningbrew
SPORTS
NCAA proposes that athletes can get paid
Greg Fiume/Getty Images
Over the past few months, college sports have seen conferences shift, rules change, and a 13–0 team get left out of the playoffs. But a potentially larger shake-up is now in the works.
On Tuesday, NCAA President Charlie Baker proposed a plan to create a new tier within Division I college athletics. The groundbreaking proposal gives participating schools autonomy over name, image, and likeness (NIL) decisions and initiates a “long-overdue conversation” about the existing framework for compensating student-athletes.
- Schools would be required to invest a minimum of $30,000/year per athlete for at least half of all eligible student-athletes into an “enhanced educational trust fund,” which by most accounts seems like a regular trust fund.
- Student-athletes would be allowed to enter NIL deals directly with their schools rather than a third party.
What it means for the future of college sports
Baker’s proposed new tier pertains to “the highest-resourced colleges and universities,” understood to mean the Big Ten, Big 12, SEC, and ACC, which contain the largest and wealthiest athletic programs in the US. A new subdivision just for those schools could alleviate headaches around transfer limits, scholarships, and, most importantly, NIL rules.
But…some observers say the proposal still doesn’t address the core issue: employment. The NCAA has lobbied for years to prevent college athletes from being named “employees,” but sports law experts see it as a necessary next step in order to give young athletes a share of the revenue they generate.
The NCAA is going through it. It’s embroiled in multiple legal disputes, including an antitrust lawsuit that could require it to pay billions in damages to student-athletes. There are also talks within the industry of a looming Great Split, in which the Power Five conferences (soon to be Power Four) would secede from the NCAA to form their own organization.—CC