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| | | AM Shift Report | A dad and daughter help evacuees learn whether their homes survived the California wildfires | | As wildfires ravaged Los Angeles, Vanessa Prata and her family decided to stay in their Altadena home, which miraculously survived while nearby houses burned. Despite evacuation orders, Prata and her father took it upon themselves to check on their neighbors' homes. As the fires grew, consuming over 12,000 structures and killing at least 24 people, Prata saw her community rallying together, offering donations and free meals to those affected. | Feeling helpless behind barricades, Prata offered to take photos for residents who couldn't access their homes. She received dozens of requests, documenting the devastation with her father. As she shared the heartbreaking news with homeowners, Prata's nursing background helped her manage the emotional weight. Despite the tragedy, she expressed gratitude for the community's support and the outpouring of volunteer help at donation centers. | |
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| | | 📉 Stock Market Futures Snapshot | | Dow Jones Futures | -81 points (-0.19%) | Investors await data-heavy week, including inflation reports and earnings from major banks. |
| S&P 500 Futures | -0.44% | Concerns over higher inflation and bond yields affecting investor sentiment. |
| Nasdaq 100 Futures | -0.58% | Tech-heavy index also reflects cautious sentiment ahead of upcoming data and earnings. |
| Earnings Season | Starts this week | Major banks like Citigroup, Goldman Sachs, and JPMorgan report on Wednesday; Morgan Stanley and Bank of America on Thursday. |
| Recent Market Trends | Dow/S&P -1.9%, Nasdaq -2.3% (Weekly Loss) | Stocks ended the week lower, following a strong jobs report that raised concerns over Fed rate cuts. |
| Federal Reserve Outlook | No rate change expected (97% chance) | Traders expect the Fed to keep rates steady in its Jan. 29 and March meetings, given current inflation concerns. |
| Key Economic Data This Week | CPI (Wed), PPI (Tue), Fed speeches | Market will digest December inflation data and hear from Fed Presidents Schmid & Williams on Tuesday. |
| The information provided in this summary is sourced from CNBC and is for informational purposes only. It is not intended as financial advice or a recommendation to buy or sell any securities. Please conduct your own research or consult with a financial advisor before making any investment decisions. |
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| | | Political Shift | GOP Sen. James Lankford: U.S. won't invade Greenland | | Drew Angerer / Getty Images |
| Senator James Lankford, R-Okla., dismissed President-elect Trump's suggestion of using military force to acquire Greenland, stating that the U.S. does not engage in invasions. While acknowledging Trump's bold negotiating style, Lankford emphasized that protecting national security, not starting wars, has been a priority for the president. Trump's interest in Greenland stems from concerns over Russia's growing influence in the Arctic. | Lankford also expressed support for Trump's pick of Tulsi Gabbard as director of national intelligence, noting her shift in stance on Section 702 of the FISA, which he saw as crucial for U.S. security. He argued that while protecting America's interests in Greenland is important, it should be done through strategic diplomacy, not military action. | |
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| | | Sports | | Michelsen stuns Tsitsipas; Tiafoe ill but wins in 5 | Alex Michelsen, a 20-year-old unseeded American, produced the biggest win of his young career with a 7-5, 6-3, 2-6, 6-4 first-round upset of No. 11 Stefanos Tsitsipas on Monday. |
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| | RB Barkley's late slide in win shuts out bettors | Eagles RB Saquon Barkley's late slide in Sunday's playoff win over the Packers stymied bettors who wagered he would score a touchdown in the game. |
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| | FG gives Commanders first playoff win since '06 | Jayden Daniels ran for a critical first down to set up Zane Gonzalez's 37-yard field goal that clanged off the upright and went through as time expired, and the Washington Commanders edged the Tampa Bay Buccaneers 23-20 in an NFC wild-card game on Sunday. |
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| Did you like todays Newsletter? | | | | The AM Challange | Ket's wake up your brain with the 5-Minute Riddle Challenge! 🧩🧠 | In just 5 minutes, you'll solve a fun riddle to get your mind sharp and ready for the day. Ready to test your thinking skills? | Here's your riddle: | I speak without a mouth and hear without ears. I have no body, but I come alive with the wind. What am I? | Take 5 minutes to think it over, and when you're ready, check the answer below! | Answer: An echo! | How long did it take you to solve it? Feel sharper? Let us know how fast you cracked the riddle! |
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| The AM Shift is here to give you the news you need, the sports you love, the market updates you can't miss, and the fun challenges to start your day off right! | Help Us Share The AM Shift | Enjoyed today's newsletter? Share it with a friend or colleague who'd love to start their day with The AM Shift too! 📲 | |
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