Today's Headlines

Bloomberg:

• China Factory Inflation Eases as Consumer Prices Remain Subdued. The producer price index rose 5.8 percent in November from a year earlier, matching the projection in a Bloomberg survey and slowing from 6.9 percent in October. The consumer price index climbed 1.7 percent, the National Bureau of Statistics said on Saturday, less than the median forecast of 1.8 percent.

• It Could Be a Perfect Year for the Stock Market. Bouncing technology shares are putting a perfect year back within reach of the U.S. stock market. While short of a recovery, the advance in the market’s biggest industry has helped the S&P 500 Index rebound from four days of losses at the start of the month. The FANG group of Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. gained 1.4 percent over five days, retracing two-fifths of the worst weekly loss in five months.

• Bitcoin `Looks Remarkably Like A Bubble,’ New Zealand's Central Banker Warns. Bitcoin’s spectacular gains look like a speculative bubble and the cryptocurrency is too unstable to be useful in the future, New Zealand’s central banker said. “It looks remarkably like a bubble forming to me,” Reserve Bank of New Zealand Acting Governor Grant Spencer said in interview with TVNZ broadcast on Sunday. “Over the centuries we’ve seen bubbles, and this appears to be a bit of a classic case. With a bubble, you never know how far it’s going to go before it comes down.”

• Pharma Lobby Group Sues to Bar California's Drug Price Law.

Wall Street Journal: 

• The Economy Revs Up. The jobless rate for non-high school grads is down to 5.2%.

• Snow Slows Down Much of the Normally Sunny Deep South. More than 400 flights were canceled at Hartsfield-Jackson Atlanta International Airport.

• Israel Carries Out Airstrikes on Hamas Following Fire From Gaza. Strikes come amid heightened tensions in wake of U.S. Embassy decision.

• Opioids: The Mother Who Knew Everything and Saw Nothing.

MarketWatch.com: 

• Bitcoin futures: Here’s what you need to know.

Fox News: 

• Touring Mississippi civil rights museum, Trump honors those 'who sacrificed so much'. (video)

• Trump says CNN was 'caught red handed' with fake news on WikiLeaks email. (video)

CNBC: 

• Trump says US 'cannot afford' Roy Moore loss in Alabama.

• Retail landlords flex muscle as stores close, and Starbucks, Whole Foods emerge as losers.

• Iraq declares final victory in war against 'eternal enemy' Islamic State.

• Top VC deals: Baidu invests in electric vehicles, Gilead buys cancer-fighting start-up.

Zero Hedge:

• Trump Lashes Out At "Fake News" CNN For "Vicious And Purposeful" Mistake, Demands Terminations.

• CNN Botches "Bombshell" Report "Proving" Collusion Between Trump Jr And Wikileaks.

• Wisconsin Governor Pushes Forward With Plan To Drug Test Food Stamp Recipients.

• Bulgaria Government Shocked To Discover It Owns $3 Billion In Bitcoin.

• Mueller's 'Right Hand Man' Represented Hillary Clinton IT Staffer Who Installed Her Illegal Server.

• More Evidence That Rising Minimum Wages Are Going To Crush The Restaurant Industry.

• Enron 2.0? ECB, Global Banks On The Hook For $21 Billion In Steinhoff Implosion.

• QE Unwind is Really Happening: Fed Assets Drop To Lowest Level In Over Three Years.

• America First (After All Of You...) - Mapping Billions Of Dollars In Foreign Aid.

• Obama Appointed Judge Mysteriously Recuses Himself From Michael Flynn Case.

• Watered Down And Delayed - European Bank Shares Love The Final Basel III Capital Rules.

• DOJ Launches Investigation Into Planned Parenthood Over Fetal Tissue Harvesting Practices.

• Deep State Drained: Top DOJ Official "Demoted" After Working With Fusion GPS To Push Trump Disinformation-Dossier.

• Weekend Reading: Recession Risk Hidden In Tax Bill.

• Precious Metals Pounded As Bitcoin Soars To Best Week Since 2013.

Business Insider:

• A South Korean 'decapitation unit' aimed at taking out Kim Jong Un will be armed with drones and grenade machines guns.

• 40% of the world's bitcoins are held by just 1000 people.