Iran Protests Spread as Rial Slide Triggers Merchant Shutdowns
Merchants shuttered Tehran shops as the rial hit 1.42 million per dollar, fueling inflation-driven unrest and policy upheaval.
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P&L Staff
Xi Backs 5% China Growth as Property Slump Persists
Beijing is leaning on industrial policy and exports, but housing, weak consumption, and tariff uncertainty threaten momentum.
Tech-Led Pullback Hits U.S. Stocks as Silver Whipsaws
Thin year-end trading left equities lower, while CME margin hikes drove silver’s plunge and rebound.
Tech Profit-Taking Slips Stocks as Iran Risks Rise
U.S. stocks and metals dip on thin year-end selling, while Goldman’s 2026 growth call clashes with Iran turmoil.
Iran Protests as Rial Hits Record Low and Inflation Reaches 42%
Store closures and tear gas followed the rial’s plunge, prompting a central bank leadership change amid sanctions pressure.
Goldman Sees 2.6% GDP Growth in 2026, With Labor Risks
Fading tariff drag and easier conditions support 2026 growth, but AI-driven job cuts could lift unemployment.
Year-End Tech Profit-Taking Drags U.S. Stocks and Metals
Thin holiday liquidity magnified selling in AI megacaps and a sharp pullback in silver and gold.
