Will the Fed cut rates in December?

In this episode of "Breaks of the Game," the hosts analyze recent market trends, noting a consolidation phase post-October with complicated price action. They discuss the potential impact of upcoming macroeconomic events, including the December FOMC meeting, and a possible shift in the Fed's easing policies. The conversation covers the debt financing boom for hyperscalers, recent layoff announcements, and the implications of AI on the labor market. They also explore the US versus China AI space race and share their surprises from the market this year, including the strength of European equities and China's success in redirecting exports.