8 December 2025 China Economic Comment Exports bounced - a mild positive surprise Exports returned to y/y growth again Exports grew by 5.9% y/y in November, a mild positive surprise compared to the 4.0% growth expected by Bloomberg consensus and a significant improvement versus the 1.1% contraction recorded in October. On a seasonally adjusted basis, we estimate the export level expanded by 2.2% over the month. Export momentum (%3m/3m) also ticked up slightly, after moderating for six months. In real terms, ...

The revival coincides with a surge in Asia's equities driven by the artificial intelligence frenzy. Typically marketed by private banks to wealthy clients, structured-note bets this year have been concentrated in Chinese mega-caps such as Alibaba Group and Tencent Holdings, a shift away from US names like Nvidia Corp. The instruments help holders build exposure to stocks in a more controlled way, though their complex structure means losses can worsen under certain conditions. "Issuance was very limited for ...

Why Q1 2026 could be bullish for crypto. Photo by BeInCrypto Experts are increasingly signaling a potential crypto bull run in the first quarter (Q1) of 2026, driven by a convergence of macroeconomic factors. Analysts suggest Bitcoin could surge between $300,000 and $600,000 if these catalysts materialize. Five Macro Trends Fueling a Potential Rally in Q1 2026 A combination of five key trends is creating what analysts describe as a “perfect storm” for digital assets. 1. Fed Balance Sheet Pause Removes ...

格兰特·卡多恩的核心财务观点 - 核心观点认为储蓄是最大的财务错误之一 储蓄无法实现财富增长 将资金存入储蓄账户是死胡同 银行支付0%利息同时将储户资金贷出[1] - 倡导停止储蓄 停止为退休储蓄 停止为大学教育借贷 并停止购买房产[3] - 认为中产阶级财务停滞并非因为懒惰或不负责 而是因为遵循了错误的传统建议[4] 对储蓄无效性的论证 - 指出通货膨胀是悄无声息的财富杀手 举例说明2020年储蓄账户中的10万美元 到2024年其购买力仅相当于约7.5万美元 即购买力在四年间下降了约25%[2] - 强调传统储蓄方式在现代经济中已不适用 真正的财富积累工具是创业精神 经过计算的风险承担和积极投资[4] 提出的替代性财富增长策略 - 鼓励人们投资于能产生收入的资产 利用税收优势 并像富人一样让资金运转起来[2] - 主张通过创业和积极投资来提升经济阶层 实现繁荣和富足 而非依赖信用卡生活[5]

This spring, the administration attempted to revoke Harvard’s authorization to host international students through the Student and Exchange Visitor Program . Harvard sued within hours. But, as Poets&Quants founder and editor-in-chief John Byrne wrote , damage had already been done: “The signal is clear: In today’s America, international students — no matter how talented, no matter how rule-abiding – are expendable.”Since the presidential inauguration of Donald Trump, U.S. universities have faced direct poli ...

The federal government has also taken a stand on in-office work since the beginning of the Trump administration. In January 2025, the White House ordered executive agencies to end remote work and bring employees back full-time, with limited exemptions (3). Follow-up guidance from the Office of Personnel Management (OPM) and Office of Management and Budget (OMB) outlined how agencies should implement the order.According to a report from Jones Lang LaSalle, 54% of Fortune 100 employees are required to be in t ...

A SoFi account can provide a base 3.60% APY, but new clients can get a 0.70% boost for up to 6 months for a total APY of 4.30%. That’s over ten times the national deposit savings rate, according to the FDIC’s November report.These function like regular savings accounts but offer much higher interest rates. For example, a SoFi checking and savings account can help you build your wealth base through a combination of high-interest rates, zero fees and ease of access.Rather than spending more, many households a ...

Nationally, the average home equity line of credit interest rate is below 7.5% and falling, according to the analytics company Curinos. Lenders are revising pricing to the new, lower prime rate of 6.75%. HELOC rate: Sunday, December 14, 2025 According to Curinos data, the average weekly HELOC rate is 7.44%. This rate is based on applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio (CLTV) of 70%. Homeowners had nearly $36 trillion of value in their homes at the end o ...

特朗普政策对市场的影响 - 前总统特朗普的政策声明与威胁是2025年市场持续波动的主要驱动力 其不可预测性导致市场频繁震荡 [1][10] - 2025年4月 标普500指数曾出现单月内下跌12.1% 随后因“解放日”关税暂缓又在单日反弹9.5% 期间VIX恐慌指数飙升至55以上 为新冠疫情以来最高水平 [10] - 尽管年初50%的关税威胁据称令全球市场市值蒸发9.5万亿美元 但MSCI AC世界指数在4月2日至12月2日期间仍上涨了18.3% 显示市场具备一定的适应与恢复能力 [11] 关税政策与市场反应 - 2025年12月9日 特朗普威胁对印度大米和加拿大化肥加征关税 导致印度相关出口公司股价急跌 Kohinoor Foods一度暴跌近10%至52周低点 LT Foods股价下跌3.66% GRM Overseas下跌1.77% Halder Venture下跌1.15% 科塔克证券分析师估计若关税落地 该行业可能遭受5000万至7000万美元的损失 [2] - 2025年2月 特朗普对墨西哥和加拿大商品加征25%关税 并对加拿大能源出口加征10%关税 引发美股早盘大跌 道琼斯工业平均指数一度暴跌600点 标普500和纳斯达克指数也深陷负区间 后因墨西哥宣布推迟关税 损失收窄 当日道指收盘下跌123点（-0.3%）至44421.91点 标普500下跌0.8%至5994.57点 纳斯达克下跌1.2%至19391.96点 [2] - 2025年12月9日 特朗普威胁若墨西哥在12月31日前未交付20万英亩英尺的水 将对墨西哥进口商品加征5%关税 该威胁于12月13日因达成水资源共享协议而暂时解除 [3] 对科技行业（特别是半导体）的影响 - 2025年12月8日 特朗普宣布解除对英伟达向中国“获批客户”销售H200 AI芯片的限制 但附加条件是销售收入的25%需上缴美国政府 消息宣布后 英伟达股价在12月9日盘前和盘后交易中上涨约2% [4][5] - 市场热情随后降温 因担忧中国可能限制H200芯片的获取 且25%的费用将影响英伟达利润率 英伟达股价在12月10日开盘下跌约0.7%至184.50美元 并于12月12日收于174.96美元 较此前下跌3.3% [5] - 分析师对英伟达仍普遍持乐观态度 平均目标价在235至249美元之间 该股年初至今涨幅近40% 英特尔和AMD若想进入中国AI市场 预计也将面临类似的收入分成安排 [5][6] 外交政策与地缘政治风险 - 特朗普的外交政策声明加剧了市场的不确定性 例如2025年12月13日宣布的泰柬停火协议 立即遭到两国官员反驳 称战斗仍在继续 [7] - 2025年12月13日 特朗普威胁要“摧毁”伊朗新的核设施 此类言论通常会对石油市场和国防承包商板块产生影响 同期对委内瑞拉持续施压 包括威胁打击毒品运输以及12月初扣押一艘油轮 也增加了地缘政治风险 [8] 国内政策与宏观经济影响 - 特朗普的国内政策 如“重大移民改革”和“金卡”入籍途径 可能对住宅等行业产生“微妙”影响 并可能拖累美国经济增长 特别是依赖低技能劳动力的市场 [9] - 市场分析认为 特朗普的政策组合（放松监管、减税、加征关税、收紧移民）可能同时刺激增长和通胀 从而支撑美元并维持美国收益率在高位 [12] - 摩根大通首席执行官杰米·戴蒙警告 特朗普的关税计划“可能”加剧通胀并减缓经济增长 贝莱德的拉里·芬克甚至暗示经济衰退可能已经开始 [11]

Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.Sensor Unlimited is an economist by training with a PhD, with a focus on financial economics. She is a quantitative modeler and for the past decade she has been covering the mortgage market, commercial market, and the banking industry. She writes about asset allocation and ETFs, particularly those related to the overall market, bonds, banking and financial secto ...