November fell slightly short of expectations Bermuda Trip Takeaways: Price Declines Could Slow and M&A Could Persist EM Rates in 2017, Up and Down Capital flows: China Vs the US Cement Prices Flat Last Week; Xinjiang Took the Lead in Removing Grade 32.5 Cement Draft subsidies imply more margin pressure; downgrading to Hold Growing the premium kitchen appliance brand; initiating with Buy Investment Daily Buy: Key recipient of regulatory support HSI slipped ahead of Sunday’s Italy Referendum