US President Biden: Now companies are returning to the United States to invest and create jobs here. I think this is their proper position. Of course, this economic growth is not without cost. The whole world is facing a surge in inflation due to the epidemic and the conflict between Russia and Ukraine. We acted quickly to reduce inflation to the pre-epidemic level with the joint efforts of the two parties. Wages have risen, but there are still too many working-class and middle-class families struggling because of the high prices of housing, food and daily necessities. At the same time, although the inflation rate continues to decline, we are entering a new stage of economic recovery. With the result of this election coming, we are also facing a turning point.Wells Fargo lowered the target price of LyondellBasell from $105.00 to $95.00.Netanyahu: If the new Syrian regime allows Iran to rebuild its power, Israel will respond strongly. Israeli Prime Minister Benjamin Netanyahu said that if the new Syrian regime allows Iran to rebuild its power in the country or allows the transfer of weapons to Hezbollah, Israel will make a "strong" response. According to a statement from Netanyahu's office, he promised to pay a "heavy price" for these actions and any attacks against Israel. He said: "We have no intention to interfere in Syria's internal affairs, but we obviously intend to take necessary measures to ensure our security."
A rational view of the surge in the bond market should not ignore the risks behind it. Recently, bond yields have dropped rapidly. When investors enjoy the dividends brought by the surge in the bond market, they must also remain rational and not ignore the risks behind them. The market has filled the expectations of the bond market. If there is a gap between future policy implementation and expectations, the market may have the possibility of substantial adjustment. Most financial institutions are bulls in the bond market. In the case of unilateral upward interest rates and no hedging instruments, once the market is obviously disturbed, it is necessary to be alert to the risk of trampling. At present, the yield of 10-year treasury bonds has dropped to 1.84%. Market participants should realize that the future downside is limited, but the upside is great. (SSE)Chilean National Copper Company: The output of Escondida copper mine in Chile increased by 22% in October, reaching 108,000 tons.JPMorgan Chase's guidance on adjusting net interest income is now expected to exceed analysts' expectations. JPMorgan Chase changed the previous statement that analysts were too optimistic, saying that the bank now expects net interest income to exceed expectations next year. Marianne Lake, head of consumer and community banking in JPMorgan Chase, said at a financial services conference hosted by Goldman Sachs Group on Tuesday that this key income may be about $2 billion higher than the current estimate.
JPMorgan Chase executive Lake: Even if the leadership of the Consumer Financial Protection Bureau changes, risks still exist.Onshore RMB rose 71 points against the US dollar last night, and onshore RMB against the US dollar (CNY) closed at 7.2491 yuan at 03:00 Beijing time, up 71 points from Monday's closing night. The turnover was $516 billion.Jon Finer, US Deputy National Security Adviser: The new administration will decide how to deal with the Ukrainian issue.
Strategy guide 12-14
Strategy guide
12-14