US$ 895 billion The US House of Representatives passed the national defense policy bill for fiscal year 2025. On December 11, local time, the US House of Representatives passed the national defense policy bill of US$ 895 billion with 281 votes in favor and 140 votes against, authorizing the Ministry of National Defense to provide funds for fiscal year 2025. It is reported that the bill has now been sent to the Senate.Market information: Israeli air strikes targeted the Palestinian people carrying security aid trucks in Rafah, causing medical casualties.Trump's NASA candidate called his future SpaceX mission a "question mark". On Wednesday, Jared Isaacman, a billionaire in science and technology, who was selected by President-elect Trump, said that his planned private astronaut mission with Musk's SpaceX company "is still a question mark and may be put on hold for the time being" because he is going to enter the government department to lead NASA.
CICC: The CPI of the United States rose as scheduled in November, but it did not hinder the interest rate cut. CICC released a research report saying that the CPI and core CPI of the United States both rose to 0.31% in November, which was basically in line with the market and its expectations. For the post-election policies, if the immigration and tariff policies are too radical, it will bring pressure to inflation at the end of next year, which will have an impact on the market and even the mid-term elections. Therefore, before the mid-term elections, due to the "realistic constraints" of inflation, the inflation policy will be faster, but the scope may be limited, while the growth policy will be faster, and then the overall assets will still be positive. According to the difference between the natural interest rate and the real interest rate, CICC estimates that after the interest rate cut in December, there may still be two or three interest rate cuts in 2025, with the end point of interest rate cut at 3.5-3.75% and the center corresponding to long-term US debt at 3.8-4%.The rate of return of the money fund has reached a record low. Since December, the rate of return of the money fund has continued to decline. The annualized rate of return of Tianhong Yubao Money Fund, the largest, fell below 1.27% on the 7th, hitting a record low. According to industry insiders, the recently released "Self-discipline Initiative on Optimizing the Self-discipline Management of Non-bank Interbank Deposit Interest Rate" has a great impact on the Monetary Fund, and the superimposed interest rate is at a low level, and the yield of the Monetary Fund may continue to decline. As the income decreases, funds will look for new directions for allocation. (SSE)The offshore RMB (CNH) was quoted at 7.2791 yuan against the US dollar at 05:59 Beijing time, down 212 points from late new york on Tuesday, and traded in the range of 7.2425-7.2921 yuan in the whole day. After the A-share market closed, there was a rapid decline.
Securities Daily: Vigorously boosting consumption is the focus of the current macro policy. The article said that consumption is the ballast stone for stable economic operation. However, we must also see that residents' consumer confidence still needs to be enhanced. Therefore, it is necessary to take multiple measures simultaneously, constantly consolidate the foundation of consumption growth, enhance residents' willingness and ability to consume, and promote the sustained recovery of the consumer market. First, increase residents' income through multiple channels and improve their spending power. Second, further support the trade-in of consumer goods. Third, promote the upgrading and expansion of service consumption. Promoting consumption is the main starting point for expanding domestic demand, and boosting consumption is the focus of macroeconomic policy. We firmly believe that with the continuous efforts of various policy initiatives, consumer confidence will continue to increase and consumption potential will continue to be released.The first-line private placement has become the strategic focus of "going to the position" and "adding flexibility". Recently, the A-share market has continued to fluctuate and strengthen, and market trading tends to be active. The private equity industry's judgment on the market outlook is generally positive. A number of first-line private placements said in an interview with reporters this week that the A-share market is expected to start up at the end of the year, and it is an important strategy to focus on "technological growth" and "domestic demand" in terms of structural mainline, maintain a high position and increase portfolio flexibility. (CSI Taurus)Blackstone secured loan fund will issue 300 million USD 5.350% unsecured notes at a fixed price, with a maturity date of 2028.
Strategy guide
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Strategy guide 12-14
Strategy guide
12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide
Strategy guide 12-14
Strategy guide 12-14