Business Intelligence Monitor 211224

(Introduction)

[Markets]

•   Global: Market bulls push up U.S. stocks, Treasury yields as Omicron fears abate

※   S&P 500 near record high

※   Treasury yields up

※   U.S. consumer confidence grows

•   Metals: Power price surge pushes aluminium to 2-month high

•   Grains: Corn futures near 6-month high on South America weather threats

•   Cryptocurrency: Bitcoin Climbs Above $50,000 for First Time in Almost Two Weeks

•   한국: 코스피 3,000선 '눈앞'…외인·기관 순매수에 사흘째 강세

•   한국: 삼성전자, 4개월 만에 '8만전자' 터치…이달에만 12% 올랐다

•   한국: 애플 관련株 강세…LG이노텍 최고가 행진

•   한국: 로봇株 줄줄이 급등, 삼성효과 언제까지?

•   한국: 두산그룹주 혼조, 두산 두산중공업 내리고 오리콤 두산밥캣 올라

[Indicators]

•   US Nov. Personal spending·income: Omicron Starts to Slow U.S. Economy as Consumer Spending Flags

※   Fewer people are dining in restaurants, and rising case numbers are leading many businesses to close for a short period

•   US Nov. Durable goods orders: U.S. Durable Goods Orders Increase More Than Forecast

•   US Nov. New home sales: U.S. New-Home Sales Jump in November to a Seven-Month High

•   US Dec. Consumer sentiment: Consumer Sentiment in U.S. Increases on Improved Outlooks

•   US Weekly Jobless claims: Jobless Claims Hold Near Historic Lows, Showing Labor Market Remains Tight

•   US Weekly Rig count: U.S. drillers add oil and gas rigs for third week in a row -Baker Hughes

•   Brazil Dec CPI: Brazil Inflation Slows More Than Expected After Rate Hikes

•   한국 2020년 기업활동조사결과: 위기의 자영업자…작년 숙박·음식업 순이익 890% 폭락

•   한국 주간 아파트 가격(부동산원): 은평구도 집값 꺾였다…하락세 서울전역 번지나

[Trackers]

•   Johns Hopkins University: COVID-19 Global Cases & Deaths

•   Worldometer: COVID Live Update

•   Bloomberg: Covid-19 Vaccine Tracker

•   NYT: Covid-19 Vaccine Tracker: Latest Updates

•   FT: Pandemic crisis: Global economic impact tracker

•   FT: Inflation tracker: the latest figures as countries grapple with rising prices

•   CNN: Tracking America's recovery

•   Bloomberg: Global PMI Tracker

•   Bloomberg: The Covid Resilience Ranking

[News]

•   WSJ: Biden Says He Is More Likely to Run in 2024 if Trump Is His Opponent

※   In a rare television interview, the president also says he regretted not acting sooner to get free at-home Covid-19 tests to the public

•   WSJ: New U.K. Study Reinforces Conclusion That Omicron Causes Less Severe Disease

※   Research in England suggests 50-70% fall in hospitalization risk

•   WSJ: As Omicron Drives New U.S. Covid-19 Case Records, More U.K. Evidence Suggests It Is Milder

※   More mandates and curbs are put in place in U.S. and Europe, but American holiday air travel nearly doubles from last year

•   WSJ: Covid-19 Marches Toward Endemic Status in U.S. as Omicron Spreads

•   WSJ: Calls Mount to Cut Covid-19 Quarantine Period for Fully Vaccinated Who Test Negative

•   WSJ: FDA Authorizes Merck’s Covid-19 Pill for At-Home Treatment

•   WSJ: Spending Was Strong Heading into Omicron, and Will Be After

•   WSJ: Putin Blames the West for Ukraine Tensions During News Conference

※   Leader says Russia isn’t seeking conflict with neighboring nation, warns against NATO expansion

•   WSJ: U.S., Russia Move Closer to Talks Over Ukraine as Moscow Amasses Troops

※   Both sides agree to hold discussions in January, though they differ over how to structure the negotiations, U.S. officials said

•   WSJ: Intel Apologizes After Asking Suppliers to Avoid China’s Xinjiang Region

•   WSJ: Amazon Reaches Federal Settlement Allowing Workers More Leeway to Organize

•   WSJ: Small Businesses Struck by Omicron Face Hard Choices Before Holidays

•   NYT: Vice President Kamala Harris was exposed to the coronavirus.

•   NYT: Why Even a 40% Tax Break Won’t Move Japan’s Employers to Raise Pay

•   NYT: Saudis Begin Making Ballistic Missiles With Chinese Help

•   WP: Omicron could derail efforts to reverse vaccine inequality and end the pandemic, experts warn

•   WP: Inside the administration’s failure to avert a covid testing shortfall

•   FT: AstraZeneca booster raises antibodies against Omicron less than Pfizer, study shows

•   FT: Europe’s biggest energy users warn soaring costs will hit competitiveness

•   FT: Covid lays bare staffing crisis in Europe’s hospitals

•   FT: EU urges caution on any ban on imports made with forced labour

•   FT: Spain reaches deal with employers and unions on labour reforms

•   FT: Brexit one year on: the impact on the UK economy

•   FT: US financial conditions remain easy even as Fed pulls back on stimulus

•   FT: Brazil: Bolsonaro embraces the politics he once vowed to abolish

•   FT: India suspends agricultural futures trading to alleviate inflation fears

•   FT: Turks wary of ‘Erdogan dollars’ despite hard sell

•   FT: IMF says Argentina bailout programme was ‘too fragile’ to succeed

•   FT: Big Tech split leads to demise of Internet Association

•   FT: Four trends that defined the 2021 energy sector

•   FT: Covid vaccine winners set sights on flu as their next big target

•   Bloomberg: Waymo Is Latest Company to Pull Out of CES Over Virus Concerns

•   Bloomberg: Three Sinovac Doses Fail to Protect Against Omicron in Study

•   Bloomberg: Omicron Brings New Risks to Unvaccinated Pregnant Women

•   Bloomberg: Biden Signs Bipartisan Law Punishing China for Uyghur Moves

※   Bill received unanimous backing in both House and Senate

•   Bloomberg: Summers Sees Risk of Recession Soon, ‘Secular Stagnation’ Later

•   Bloomberg: Transcript: Larry Summers Gets His ‘Told You So’ Moment on Inflation

•   Bloomberg: Inflation Trader Who Nailed 2021 Call Sees Risk of 7% U.S. CPI

•   Bloomberg: U.K. Covid-19 Cases Surge to Fresh Record for a Second Day

•   Bloomberg: Boris Johnson to Wait on Covid Update Until After Christmas

•   Bloomberg: France Has Record New Covid-19 Cases as Omicron Spreads

•   Bloomberg: Europe’s Energy Crunch Threatens to Nix Nascent Economic Revival

•   Bloomberg: Myanmar Plans to Hold Fresh Election in August 2023, Junta Chief Says

•   Bloomberg: Iran-Saudi Talks Move Ahead as Tehran Says Diplomat Visas Issued

•   Bloomberg: Traders Ramp Up BOE Bets to See Key Rate at 1.25% Next Year

•   Bloomberg: Tesla Seeks First U.S. Battery Graphite With Syrah Supply Deal

•   Bloomberg: Japan Falls Short on Tackling Climate Change, Top Official Says

•   Bloomberg: Biden Energy Loan Revamp Starts With $1 Billion for Hydrogen

•   Bloomberg: Runaway ESG Debt Issuance Poised for Fresh Boost From Junk Sales

•   Reuters: Biden Omicron measures too little, too late for fast-moving virus -experts

•   Reuters: Russian mercenaries deploy to eastern Ukraine - sources

•   Reuters: China to roll out policies to help exporters amid economic headwinds

•   Reuters: China hopes U.S. could create conditions to expand trade cooperation

•   Reuters: BOJ's Kuroda warns weak yen hurting households more than before

•   Reuters: Global oil's comeback year presages more strength in 2022

•   Reuters: Analysis: Omicron begins to leave mark on U.S. economy, but unlikely to derail it

•   Reuters: Analysis: U.S. stock market investors wonder how much gas is left in the 2021 rally

•   Reuters: Analysis: How 2021 became the year of ESG investing

•   AP: Markets 2021: Stocks soar, IPOs explode, crypto goes wild

•   CNBC: The official Wall Street forecasts are in. Here’s what they predict for the stock market in 2022

•   CNBC: 4 charts show the current state of the Covid pandemic heading into 2022

•   CNBC: Huawei enters China’s electric car race in competition with Tesla

•   CNBC: EV stocks soared on hype in 2021 — investors are betting 2022 will bring actual revenue

•   Fox News: White House staffers planning major moves as Biden's popularity plunges

•   SCMP: Chinese scientists hail success of new hypersonic engine that military ‘did not think would work’

•   SCMP: Taiwan speeds up investment diversification away from mainland China amid cross-strait tensions

•   SCMP: China’s flagging consumer spending prompts cities to hand out tens of millions of yuan in shopping vouchers

•   SCMP: China’s manufacturing outlook up in the air as supply-chain issues threaten to take shine off roaring exports in 2022

•   SCMP: EU-China decoupling: Volkswagen chairman Herbert Diess says Brussels needs more cooperation with Beijing

•   SCMP: India braces for third wave as Omicron fears cancel Christmas in New Delhi

•   Caixin: Analysis: What to Expect of China’s Economy in 2022

•   Caixin: Year in Review: China’s Diplomacy in 2021 — Strategic Defense and Counteroffensive

•   Nikkei Asia: Japan to weigh limits on surveillance tech exports with U.S., EU

•   Nikkei Asia: Japan raises 2022 GDP growth outlook despite omicron risks

•   Kyodo News: Japan, U.S. draft operation plan for Taiwan contingency: sources

•   Economic Times: Outbreak of pandemic led to an increase in number of households with no earning members: CMIE

•   MINING.com: RANKED: World’s top 20 biggest iron ore operations

•   DIGITIMES: Foxconn reportedly to reopen Chennai plant Monday

•   DIGITIMES: Samsung, BYD might get affected by Xi'an lockdown

•   Robot Report: 10 notable acquisitions in 2021

•   매경(P1): 서학개미 株머니에는 엔비디아 124% '1위'

•   매경: 2030년 '수소화물차' 1만대 달린다

•   매경: "상속주택 세 부담 낮출것"…洪부총리, 시행령 보완 예고

•   매경: 반도체·배터리도 '국가핵심기술' 지정

•   매경: SK하이닉스 '낸드 승인'때…中, 꼬리표 붙였다

•   매경: 삼성전자, 속도 2배 빠른 고성능 SSD 개발

•   한경(P1): [단독] 현대차, 내연車 엔진 개발조직 없앴다

•   한경(P1): 상위 10%가 소득세 80% 냈다

•   한경(P1): 자영업자 票 급했나…카드수수료 내린 당정

•   한경: 7%라더니…공시가 20~30% 오른 곳 수두룩

•   한경: "K-배터리 뭐했나"…中, 테슬라 싹쓸이 수주

•   한경: LG 'OLED 보며 운동', 현대차 '메타버스+로봇'…'융합'에 꽂힌 기업들

•   서경(P1): 이재현의 파격···상무서 사장까지 '경영리더'로 통합

•   서경: CJ엔 부사장도 상무도 없다...이재현 "역량 있으면 누구나 리더"

•   서경(P1): '현대차 인증' 중고차 나온다···완성차, 내달 시장 전격 진출

•   서경: 정부, 매매업자 눈치보다 중고차 개방 '3년째 공회전'···결국 기업이 나섰다

•   서경: 탈원전만 외친 '원자력의 날'

•   서경: 한은, 600억 달러 조달 방안 마련···이달 끝나는 통화스와프 보완

•   서경: [시그널] 실적 기대 못미쳐···기업유동성지원기구 문 닫는다

•   조선(P1): 먹는 코로나 알약 확보, 韓 7만 vs 日 200만

•   조선: 정부, 화이자 먹는 치료제 다음주 긴급 승인... 도입시기 발표는 미뤄

•   조선: 美 자국민용 생산에만 6~8개월… 한국 내년 물량확보 빠듯할듯

•   조선(P1): “한국 기본소득론… 인간에 대한 모욕”

•   조선: [WEEKLY BIZ] “대체 무슨 일이 있었던건가? 한국 자본주의는 망가졌다”

•   조선: 무려 1경원 돌파, 상상도 못할 돈이 여기로 몰렸다

•   조선비즈: 수은 vs 무보, 대외보증 주도권 갈등 격화…무보 노조 “감사해야”

•   조선비즈: 삼성전기, 베트남 FC-BGA 생산 시설에 1조원 투자

•   조선비즈: 노트야? 울트라야? 윤곽 드러난 삼성 ‘갤럭시S22’

•   조선비즈: 美 견제에도 中 반도체 굴기 본격화… DUV 쓸어 담고 중고 장비도 공략

•   인베스트조선: 경착륙 뻔히 보이는 현대차의 '미래차' 구조조정…책임은 누구에게

•   중앙(P1): 가계+기업부채 GDP의 2.2배…‘경제 뇌관’ 우려

※   한국은행: 「금융안정보고서」(2021년 12월)

•   중앙: 반도체 생산의 필수품 ‘초순수’ 국산화 시동

•   서울(P1): 사망 109명, 더 밀리면 ‘의료 붕괴’

•   머니투데이(P1): "43조 쏜다"했는데…국회서 '수소법' 발목잡힌 이유, 뭔가 보니

•   머니투데이: 기름값 잡아라…정부, 11년만에 비축유 317만배럴 푼다

•   머니투데이: 英·日도 전기요금 10% 올렸는데…"억누르면 국민에 더 큰 부담"

•   헤럴드경제: 해외건설, 코로나 충격파에 휩쓸리다

•   파이낸셜뉴스: '불발 시그널' 읽었나…대우조선 채권단, 대출만기 1년 늦춘다 [조선업 합병 적신호]

•   연합: 오후 9시까지 전국서 5천698명 확진…24일 7천명대 예상

•   연합: 두산퓨얼셀, 4천억원 규모 100㎿급 연료전지 시스템 공급계약

•   뉴스1: [단독] 전세대출, 내년에도 한도초과시 총량규제 제외…"중단 없다"

•   e대한경제: 두산밥캣, 美시장 호황 사이클 진입…목표가↑-대신

•   에너지경제: [2021 결산-원전업계] 탈원전에서 탄소중립으로

•   에너지경제: RE100 활성화 ‘시기상조’…재생에너지 발전단가·망이용료 너무 비싸

•   전자신문(P1): 현대차, 차세대 전력관리반도체 상용화 '초읽기'

•   전자신문(P1): 늘어나는 전력소비, 전기요금 '가격신호' 상실

•   전자신문: [뉴스줌인] 탄소중립 위해 전기요금 '가격신호' 절실

•   전자신문: [스페셜리포트] 수급 불균형...삼성-LG 新협력 시대

•   전자신문: [스페셜리포트] 전문가들 "삼성-LG 동맹 韓산업 경쟁력 높인다"

•   로봇신문: "중국 로봇산업계의 저가 공세 대응책 마련해야"

[Opinions]

•   Project Syndicate(Michael J. Boskin): Taxing Economic Credibility

•   Project Syndicate(John H. Cochrane): The Ghost of Christmas Inflation

•   FT(Mario Draghi, Emmanuel Macron: The EU’s fiscal rules must be reformed

•   FT(Martin Sandbu): The case for the affordability of universal basic income

•   FT(Martin Sandbu): Year in a word: Transitory

•   FT(Lex): Oxford/AstraZeneca vaccine: underdog provider needs to pass potency test

•   FT(Lex): 2022 forecasts: and they all lived happily ever after

•   WSJ(Editorial Board): Germany’s Energy Surrender

•   WSJ(Sadanand Dhume): India May Face a Population Implosion

•   WSJ(Robert Bryce): The Electric-Vehicle Push Empowers China

•   NYT(Charles M. Blow): Where’s Joe Biden?

•   WP(Editorial Board): Sen. Manchin is wrong on inflation and Build Back Better

•   WP(Asli Aydintasbas): What’s wrong with Turkey’s economy? ‘Erdoganomics.’

•   Bloomberg(Tyler Cowen): America Would Be More Happy With More People

•   Bloomberg(John Authers): John Authers Looks to 2022, Plus a Selection of his Best Columns From 2021

•   Bloomberg(Robert Burgess): The Most Important Number of the Week Is 115.8

•   Bloomberg(Clara Ferreira Marques): 30 Years Later, Soviet Union's Collapse Still Has Lessons for China

•   Bloomberg(Andrea Felsted): Omicron, Inflation and Interest Rates Will Make 2022 Tough for Consumers

•   Fox News(Stephen Moore): Green energy firms the biggest corporate welfare recipients ever

•   서경(사설): 李 “탈원전 대신 감원전”···말장난 할 사안 아니다

•   파이낸셜뉴스(사설): 재계 수소법 개정 호소, 귀 꽁꽁 막은 국회

•   아시아경제(최지웅): 탄소감축 논의서 석유가 빠진 까닭