This week is anything but simple—a few major events are colliding.

Starting with the Fed, the FOMC meeting is coming up, and the market is basically convinced there will be a 25 basis point rate cut—pretty much a done deal. The real focus is on what Powell says afterward; even a slight change in wording could make asset prices shake.

Things are even more intense domestically. We’re entering a period of dense policy activity, with heavyweight meetings possibly being announced at any time. Inflation data, import/export figures, and total social financing will all be released this week. Honestly, the results will directly impact liquidity trends for next year.

AI isn’t quiet either. OpenAI is set to release GPT 5.2 ahead of schedule—clearly feeling the pressure from Gemini 3. By the way, Broadcom and Oracle’s earnings are also worth watching—one is a core supplier in the Google ecosystem, the other is deeply tied to OpenAI. Their performance serves as a thermometer for the AI bubble.

In these last days of the year, it’s really worth keeping a close eye on the market.