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Chinese and U.S. top trade negotiators held another phone call this morning Beijing time in which consensus was reached on properly resolving issues holding up the phase-one trade deal, according to a Chinese Ministry of Commerce statement. Should they fail to reach an agreement by Dec. 15, President Donald Trump will have to decide whether to carry out his threat of further tariffs on the Asian nation. Market reaction to the statement has so far been muted. (Bloomberg)

 

This year’s Christmas tree shopping season is beginning to look a lot like 2018, with a tight supply and similar prices, according to Oregon State University.  Oregon leads the nation in Christmas tree production, with 383 licensed Christmas tree growers selling about 4.6 million trees last year.  Mexico is the top international importer of Oregon Christmas trees.  (KTVZ)

 

eBay agreed to sell its StubHub business on Monday to Viagogo Entertainment, a significant competitor internationally - and particularly in the U.K. and Europe. Already among the largest players in the growing secondary market for sports, music and live-entertainment, the combined company expects to sell hundreds of thousands of tickets each day across more than 70 countries. The $4.05B deal is also a major cash windfall for eBay, which scooped up StubHub for $310M in 2007. (SA)

 

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Josh Fenili.

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