Europe

Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what is perhaps the biggest reason for the recent "anti-establishment" revulsion: an unprecedented concentration of wealth among a handful of people, as shown in its infamous global wealth pyramid, an arrangement which as observed by the "shocking" political backlash of the past few months suggests that the lower 'levels' of the pyramid are increasingly unhappy about.

Submitted by Soeren Kern via The Gatestone Institute,

• Record highs for Wall Street quartet send other stocks higher (Reuters)
• Oil prices rise to highest this month on hopes of OPEC deal (Reuters)
• OPEC Likely to Reach Output Consensus, Delegate Says (WSJ)
• Trump’s Targets in First 100 Days: Trade, Regulation, Corruption (BBG)
• Trump Poised to Push Nafta Changes, Pressure Mexico on Trade (WSJ)
• China Touts Its Own Trade Pact as U.S.-Backed One Withers (WSJ)
• Trump to kill trade deal on day one (Reuters)
• Overtime Pay Rule to Go Into Effect, but May Not Last (WSJ)

In his latest surprising tweet on Monday evening, Donald Trump revealed an unprecedented expression of support for Brexit campaigner Nigel Farage - whom he met after his election victory before any other EU leaders - to be made British ambassador to Washington, saying "many people would like to see Nigel Farage represent Great Britain as their Ambassador to the United States. He would do a great job!."

The State Department issued an alert on Monday to US citizens traveling to Europe about a “heightened risk of terrorist attacks,” particularly over the holiday season. “Have an emergency plan of action ready,” the US urged according to NBC.

"Credible information indicates the Islamic State of Iraq and the Levant (ISIL the U.S. gov't acronym for ISIS or Da'esh), al-Qaeda, and their affiliates continue to plan terrorist attacks in Europe, with a focus on the upcoming holiday season and associated events," the travel advisory read.