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2024-12-14 00:28:46

Robin Hood, a online celebrity brokerage, managed assets of $195 billion in November. In November, the stock exchange was $147.1 billion.According to opinion polls, Chile's inflation rate is expected to be 3.5% in the next 12 months.Fitch Ratings: US state and local governments (economies) are expected to return to normal in 2025. Steady reserves, reduced liabilities, and prudent budget management have prepared American state and local governments for 2025.


The central government has decided to adjust the fiscal policy for next year: increase the deficit, special national debt and special debt quota. According to CCTV news broadcast, the Central Economic Work Conference was held in Beijing from December 11th to 12th. When deploying the fiscal policy for next year, the meeting said that it is necessary to implement a more active fiscal policy, improve the fiscal deficit ratio, increase the issuance of ultra-long-term special government bonds, increase the issuance and use of local government special bonds, optimize the fiscal expenditure structure, and firmly grasp the bottom line of "three guarantees" at the grassroots level. According to the above-mentioned meeting arrangements, in 2025, deficit ratio will exceed 3%, ultra-long-term special national debt will exceed 1 trillion yuan, and the amount of new special debt will also exceed 3.9 trillion yuan. This means that fiscal policy will be more active next year. This is also in line with market expectations. A number of interviewed finance and taxation experts predict that deficit ratio may be 3.5%~4% next year, the ultra-long-term special national debt is expected to be 1.5 trillion yuan to 2 trillion yuan, and the amount of special debt is expected to be around 4.5 trillion yuan. Of course, this is only an expert's prediction or suggestion, and the final actual relevant data still needs to be announced during the National People's Congress in March next year. (CBN)Bank of America promoted 387 new managing directors, an increase of 16% compared with last year. According to informed sources, Bank of America promoted 387 employees to managing directors, an increase of 16% compared with last year's total. People familiar with the matter said that more than half of those promoted to managing director were women or ethnic minorities.Ferrous lithium phosphate has strong demand, so it is hard to hide the embarrassment of "meager profit" because the orders of enterprises are full. In December, the Ferrous lithium phosphate market continued to heat up, and most enterprises had full orders. However, contrary to the fiery market, it is still difficult for most enterprises to reverse the "meager profit" situation. "From the market situation, the growth in demand for new energy vehicles and energy storage markets has promoted the warming of the Ferrous lithium phosphate market. Most Ferrous lithium phosphate enterprises are affected by factors such as rising raw material prices, weak bargaining power of products and fierce competition in the industry, resulting in pressure on profits. " Researchers said that in the long run, with the technological progress and market expansion, the profitability of Ferrous lithium phosphate enterprises is expected to improve. (Securities Daily)


Promoting Peace and Cooperation Ethiopia and Somalia signed the Ankara Declaration. On December 11th, local time, under the mediation of Turkish President Erdogan, Ethiopian Prime Minister Abi and Somali President Mahmoud signed the Ankara Declaration in Ankara, Turkey, announcing that they would promote peace and cooperation.Inflation data released the Fed's interest rate cut in December, but it lit up a yellow light for next year. The latest inflation data may make the Fed more cautious about the pace of interest rate cut, but not now. The latest report shows that inflation in the United States in November was in line with expectations, so investors still generally expect the Federal Reserve to cut interest rates by 25 basis points next week. However, stubborn price pressure also confirms the concern that the progress towards the Fed's 2% target may stagnate. This concern may prompt officials to be more restrained in predicting the number of interest rate cuts in 2025, while waiting for more evidence that inflation will steadily reach the target. Fed policymakers will release new forecasts and interest rate outlook at the end of the policy meeting in Washington on December 17-18. "I think they can safely cut interest rates by 25 basis points in December. The market is ready for this, "said Loretta Mester, former president of Cleveland Federal Reserve Bank. "However, they must reconsider next year, because now it seems that the progress of inflation has really stagnated."International oil prices rose on the 11th. As of the close of the day, the futures price of light crude oil for January 2025 in the New York Mercantile Exchange rose by $1.70 to close at $70.29 per barrel, an increase of 2.48%. London Brent crude oil futures for delivery in February 2025 rose by $1.33 to close at $73.52 per barrel, an increase of 1.84%.

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