$Pfizer (PFE.US)$ with what's going on these days, it's probably a good idea to invest in stocks dealing in medicine 💊........this is not financial advice lol!

$Pfizer (PFE.US)$ like

We are entering a new market regime unlike any in the past half century: We see another year of positive equity returns coupled with a down year for bonds. But BlackRock have dialed back our risk-taking given the wide range of potential outcomes in 2022.
The global investment manager--BlackRock published 2022 Global Outlook 'Thriving in a new market regime' and offered three investment themes and suggestion.
BlackRock favors Chinese assets in 2022 outlook. Meanwhile, JP Morgan, Goldman Sachs, Bridgewater, Fedility, Vanguard and other Wallstreet insitutions bullish on China.
01 Living with inflation
We expect inflation to be persistent and settle above pre-Covid levels. We expect central banks to kick off rate hikes but remain more tolerant of price pressures, keeping real interest rates historically low and supportive of risk assets.
Implication: prefer equities over fixed income and remain overweight inflation- linked bonds.
02 Cutting through confusion
A unique mix of events – the restart, new virus strains, supply-driven inflation and new central bank frameworks – could cause markets and policymakers to misread inflation. We keep the big picture in mind but acknowledge risks – to the upside and downside - around our core view.
Implication: trim risk amid an unusually wide range of outcomes.
03 Navigating net zero
The journey for the world to achieve net-zero emissions by 2050 is happening now, and is part of the inflation story. We believe a smooth transition is the least inflationary outcome, yet even this still amounts to a supply shock playing out over decades.
Implication: favor developed market (DM) equities over emerging markets (EM).
Meanwhile,Blackrock said they see a significant shift in China's overall policy stance toward greater state intervention and social objectives, even at the occasional expense of growth. The regulatory clampdown and tighter policy stance that rattled global investors in 2021 made that shift clear.
Yet we believe the low starting point of global investor allocations to Chinese assets is at odds with the economy's growing heft in the world. We estimate current allocations in global portfolios point to an overly negative economic outlook in coming years- such as a long-lasting growth shock akin to Japan in the 1990s.
We maintain our long-term overweight to Chinese assets relative to low global allocations. We assume greater regulation over a strategic horizon as China balances social and economic mobjectives – one reason we bake in materially higher uncertainty and risk premia for China compared with DM markets.
We recognize the risks, yet see current valuations as offering eligible investors adequate compensation for them.
$Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$ $Hang Seng Index (800000.HK)$ $SSE Composite Index (000001.SH)$ $Hang Seng TECH Index (800700.HK)$
$Tesla (TSLA.US)$

$Netflix (NFLX.US)$ support level

Stocks seen wavering amid investors' risk-off mood
Stocks look set to start the week under pressure with investors looking to U.S. inflation data amid the Federal Reserve's hawkish tilt, and the impact of omicron as risk aversion grips financial markets.
Asian futures pointed to benchmarks opening lower. Australia fluctuated at the open, while U.S. futures edged up. U.S. stocks extended a weekly slide Friday after a mixed U.S. jobs report fanned volatility.
Shock to crypto daredevils joins list of scary omens in markets
A hawkish turn from the Federal Reserve and the omicron variant have erased more than 10% off the market value of cryptocurrencies. The cryptocurrency lost as much as 21% since Friday's stock-market close and swung wildly throughout the weekend. The decline brought it down to around $42,290 at one point, well below its record high of near $69,000 just a few weeks ago.
Big drops in an asset like Bitcoin have the potential to lower confidence among the larger population of bettors, a concept described as negative wealth effect.
High-flying tech stocks are bordering on correction territory
The stock-market drubbing is hitting the once-favored technology giants hard.
The so-called NYSE FANG+ Index tracking the tech industry's giants brushed up against a correction on Friday -- with a drop of 9.99% from its closing peak on Nov. 4. That leaves it just shy of the 10% tumble that would mark a full-fledged correction in the eyes of traders.
Hedge funds suffer big losses on biotech rout
Biotech stocks have fallen to earth with a thud in 2021 after soaring last year amid excitement over the development of Covid-19 vaccines, dealing big losses to some hedge funds. The sector is being buffeted by concerns Congress will move to put a lid on drug pricing and a surfeit of early-stage biotech shares as the IPO market booms.
The SPDR S&P Biotech ETF, an equal-weighted index of biotech stocks, has fallen about 22% so far this year through Friday, and is down 37% from its Feb. 8 peak. The ETF has tumbled nearly 9% since Thanksgiving. Biotech is the worst-performing of all 11 S&P 500 sectors this year, a time when the broader index has notched a total gain of nearly 21%.
Charlie Munger says he wishes cryptocurrencies had 'never been invented'
Billionaire investor Charlie Munger still isn't a fan of cryptocurrency.
"I wish they'd never been invented," Munger said at the Sohn conference in Sydney on Friday, according to The Australian Financial Review. "Of course," he said. "I don't welcome a currency that's so useful to kidnappers and extortionists and so forth, nor do I like just shuffling out of your extra billions of billions of dollars to somebody who just invented a new financial product out of thin air."
Buy now pay later boom shows no signs of slowing this holiday season
7% of shoppers said they will be using buy now, pay later as a payment method for holiday purchases this year, according to a CNBC/Momentive Small Business Survey. The credit card alternative has exploded in popularity as online shopping has boomed during the pandemic and more retailers and payment providers have adopted it.
The use of BNPL globally during Cyber Week — from Nov. 23 to Monday — jumped 29% year over year, according to Salesforce data.
Elon Musk being allowed to "make the rules" in space, ESA chief warns
Josef Aschbacher, the new director-general of ESA, said that Europe's readiness to help the rapid expansion of Musk's Starlink satellite internet service risked hindering the region's own companies from realising the potential of commercial space.
He said Musk's Starlink was already so big that it was difficult for regulators or rivals to catch up. "You have one person owning half of the active satellites in the world. That's quite amazing. De facto, he is making the rules, the rest of the world including Europe.
Apple's iPhone successor comes into focus
$Apple (AAPL.US)$ is raising the stakes with what analysts say are plans for a headset or smart glasses that will offer access to a layer of information, objects and data spread across our view of the real world like so much digital pixie dust—a so-called augmented reality, or AR. While the company hasn't disclosed its plans, analysts and other industry insiders expect Apple's first AR device could be announced by the end of 2022.
Source: Bloomberg, WSJ, CNBC, Financial Times

Weekly market recap
S&P 500 futures were higher even after a losing week on Wall Street as investors ditched equities amid concerns over the new omicron Covid variant and the Federal Reserve's move to tighten policy.
Nasdaq stock futures were the underperformer on Sunday following a big drop in bitcoin over the weekend and as investors continued to rethink owning tech stocks with high valuations.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$ gained 163 points, or 0.5%. $S&P 500 Index (.SPX.US)$ futures were 0.35% higher. $NASDAQ 100 Index (.NDX.US)$ futures hovered around the flatline.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
Meme stock darling GameStop headlines next week's earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. AutoZone, Casey's General Stores, and Toll Brothers report earnings on Tuesday, followed by Brown-Forman and Campbell Soup on Wednesday. Broadcom, Costco Wholesale, and Hormel Foods round things out on Thursday.
On Monday, Union Pacific will hold a conference call to discuss its climate action plan. McKesson and Southwest Airlines host their 2021 investor days on Wednesday, followed by CVS Health and Tyson Foods on Thursday.
The Federal Reserve's report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.
The Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.
Monday 12/6
$Union Pacific (UNP.US)$ holds a conference call to discuss its climate action plan.
Tuesday 12/7
$AutoZone (AZO.US)$ , $Caseys General Stores (CASY.US)$, and $Toll Brothers (TOL.US)$ announce quarterly results.
The Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.
Wednesday 12/8
The BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.
$Brown-Forman-A (BF.A.US)$, $The Campbell's Co (CPB.US)$, and $GameStop (GME.US)$ report earnings.
$McKesson (MCK.US)$ and $Southwest Airlines (LUV.US)$ host their 2021 investor days.
$Edwards Lifesciences (EW.US)$ holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.
The Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.
Thursday 12/9
$Broadcom (AVGO.US)$, $Costco (COST.US)$, and $Hormel Foods (HRL.US)$ hold conference calls to discuss quarterly results.
$CVS Health (CVS.US)$ and $Tyson Foods (TSN.US)$ host their annual investor days.
The Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.
Friday 12/10
$Archer Daniels Midland (ADM.US)$ holds its global investor day.
$Centene (CNC.US)$ holds an investor meeting and will provide financial guidance for 2022.
The Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October's 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome Powell finally ditched "transitory" when discussing inflation before the Senate Banking Committee.
The University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.
Source: CNBC, Dow Jones Newswires, jhinvestments

Asia stocks to drop; U.S. shares sink, bonds rally
Asian stocks look set to fall Thursday after a sharp reversal in U.S. shares on concerns about risks from the omicron strain and as Jerome Powell reiterated a pivot toward potentially tapering stimulus more quickly.
Australian equities dropped and futures for Japan and Hong Kong pointed lower, while U.S. contracts edged up. The $S&P 500 Index (.SPX.US)$ posted its worst two-day selloff since October 2020 after erasing a near-2% rally to slide into the close. The technology-heavy $NASDAQ 100 Index (.NDX.US)$ underperformed.
Oil rally fizzles as first U.S. case of omicron rattles markets
West Texas Intermediate closed down 1%, erasing earlier gains of as much as 5%. The omicron variant continued to worry investors with the first case detected in California and a doubling of South Africa's Covid-19 cases from Tuesday.
Qualcomm jumps into hot gaming market with new chip for portable game consoles
$Qualcomm (QCOM.US)$ introduced a new microchip on Wednesday for handheld gaming consoles. The chip, called Snapdragon G3x, will debut in a portable device made by Razer with a 6.65-inch screen and a built-in controller that resembles a Nintendo Switch.
Qualcomm is the biggest supplier of chips at the heart of Android phones made by companies such as Samsung and Xiaomi, and Wednesday's announcement signals that it wants to provide chips for gaming devices as well.
Trump SPAC social media company appears to miss its first product deadline
Former President Donald Trump's new social media company appears to have missed its own November deadline to launch an invitation-only beta version of "Truth Social," its purported alternative to Twitter. The share price of $Digital World Acquisition Corp (DWAC.US)$ -- the SPAC company that plans to merge with Trump's social media firm -- has dropped dramatically since it exploded when the deal was announced in late October.
The November release date was the first clear test of whether the company could deliver on its promises to investors who bought stock in DWAC.
Tesla models take top two spots in new car sales in Norway
$Tesla (TSLA.US)$'s Model Y and Model 3 were the most sold new cars in Norway last month, with the Volkswagen ID.4 rounding out the top three, according to the Information Council for Road Traffic.
Jack Dorsey's Square changes corporate name to Block
$Block (SQ.US)$ CEO Jack Dorsey stepped down from his role as $Twitter (Delisted) (TWTR.US)$ CEO on Monday.
Payments giant Square will change its corporate name to Block, effective Dec. 10. The move comes as Square expands beyond its original credit card reader business, with a focus on new technologies like blockchain.
Retailers need to stoke the Christmas spirit to hit lofty holiday sales targets
$Target (TGT.US)$, $Walmart (WMT.US)$ and other retailers hope to keep holiday sales going strong in December, despite a wave of early holiday shopping, scarcer deals and new concerns over the omicron variant. The total number of shoppers and average spending dropped during the extended Thanksgiving weekend compared with each of the past two years, according to the National Retail Federation.
The trade group has reiterated its forecast for a record holiday season and projected a total of between $843.4 billion and $859 billion of sales in November and December.
Cramer says he's not ready to take profits in Nvidia, sees stock at $10 trillion one day
CNBC's Jim Cramer said Wednesday he's holding $NVIDIA (NVDA.US)$, even though he recently booked some profits in two other big charitable trust winners. Cramer revealed Wednesday morning his trust sold some $Advanced Micro Devices (AMD.US)$ shares. In late October, the trust sold some Ford.
"I admit to being piggish in Nvidia, because this may be a $10 trillion stock," Cramer said on "Fast Money Halftime Report."
Source: Bloomberg, CNBC