U.S. Rich Get Richer, Black Friday, Spanish Rebels: Eco Day

(Bloomberg) --

Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to take you through to the weekend:

• The billionaire playgrounds of Jackson Hole and Aspen are getting richer, according to new government data, which shows residents of these pricey ski resorts -- along with Manhattan -- commanding the highest personal income in the U.S
• As Black Friday kicks off the traditional holiday shopping season, it’s make or break time for retailers
• Euro-area inflation accelerated in November, offering some comfort for the European Central Bank whose monetary stimulus has attracted increased scrutiny over potentially detrimental side effects
  • Meanwhile, German unemployment unexpectedly dropped this month as a slump in manufacturing showed signs of stabilizing and the trade tensions that have weighed on exporters eased
• Here’s why Spain’s image as Europe’s poster child of growth-friendly economic policy is starting to wear a bit thin
• Japan looks set to re-embrace the power of public spending with one of its biggest ever stimulus packages. Meanwhile, the country’s jobs-for-life system, which for decades has brought stagnant wages and crimped corporate mobility, is withering away
• Finally, here’s our collection of this week’s analysis, scoops and enterprise from Bloomberg Economics

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Zoe Schneeweiss

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