Welcome to the 110th edition of Sharding Weekly! 2025/12/15-12/21 Some Highlights: 🔸Trump says the next Fed chair will favor much lower rates 🔸U.S. November CPI comes in below expectations, with core at 2.6% and headline at 2.7% year over year 🔸Treasury Secretary Bessent says China has fulfilled all its negotiated commitments so far 🔸U.S. October retail sales were flat overall but stronger beneath the surface, with solid gains in core and control group sales 🔸U.S. November jobs data shows modest payroll growth, slightly higher unemployment, and softer wage gains, signaling a cooling labor market 🔸Senate confirms pro-crypto Michael Selig as CFTC chair 🔸SEC releases guide on crypto custody for retail investors 🔸Japan raised interest rates to 75 bps, the highest level in 30 years 🔸@cchungccc - Chung Research Note #7 - @RialoHQ Let's dive in 🤿