Markets Wait for December Fed Meeting After Blowout November Jobs report The Fed's policy has been a major driver of the US stock market this year, as the US central banks have taken the most aggressive monetary tightening in decades. What can we expect from the Fed's December meeting following a rousing November jobs report? The November nonfarm payrolls rose by 263,000, which was much higher than the expected 200,000. The Labor Bureau also revised upwards the October nonfarm payrolls, to 284,000. A strong jobs report is usually a positive for stocks. Investors see strong jobs reports as a negative…