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CICC: How to Hedge AI Risks?
The "AI dollar" effect is reshaping global equity markets, with the dollar becoming the dividing line for market divergence, and gold's hedging strategy configuration value becoming increasingly prominent.
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After the Golden Week holiday, US Treasuries are still "in the ICU": How does Wall Street see it now?
Global bond markets plunged after the holiday, with the 10-year US Treasury yield surging to 5.36%, a 22-year high. French government bonds have become the new epicenter of the storm, and Wall Street is increasingly divided on the year-end outlook.
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收益率“坐5望6”，美债危机“二阶段”出现？
美债收益率近18个月最大单日跌幅后突破5%，全球资本成本面临深刻重塑。新兴市场承压，股市“崩溃阈值”或升至5.5%-6.0%，高盛警告波动过快将引发股市高度关注。
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海外AI投资变化影响多大？
海外AI资本开支增速放缓，对中国出口与AI产业链投资影响如何？中金分析指出出口影响快，投资渠道反应滞后，2027年经济或面临边际变化。
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Is Mathematics Being Destroyed? 25 Co-Signers Warn, Fields Medalist Responds Exclusively
25 Fields Medalists issue a joint statement accusing OpenAI and other AI companies of misusing mathematical problems as benchmarks, sparking fierce debate over academic ethics and research boundaries.
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US scrambles for copper, Chile supply constrained, copper prices have completely exploded
Copper prices break historical highs, LME futures hit $14,616, AI and new energy demand drive copper market into super cycle, global supply tightness intensifies.
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Global Debt Cycle May Enter the 'Debt Erasure Out of Thin Air' Stage
Debt cancellation calls spread from France; macro strategists warn: debt monetization will eventually ignite inflation, and financial assets face depreciation risk.
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美国中期选举将如何搅动市场？花旗给出选前50天和30天路线图
花旗集团策略团队认为，如果选举导致“分裂政府”（即两党分别控制国会两院或白宫），将削弱财政扩张预期，从而利好债券市场（收益率下行）。
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Macro Logic of the AI Economy: K-shaped Recovery or Historical Turning Point?
The AI economy may remove ordinary labor from core production factors, with the machine sector self-expanding to form 'growth without humans', marking a turning point in economic history and K-shaped divergence worth vigilance.
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Warsh Concludes Capitol Hill Visit! A Recap: What He Said in the Past Two Days?
① For Warsh, passing the first round relied on eloquent oratory and a relatively hawkish stance; ② To truly establish and uphold the Fed's credibility in the coming months, he must also deliver a convincing performance to the market and Congress through concrete actions in fighting inflation and resisting political interference.
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Meta Made a Decision, Storage Crashes
Meta builds cloud computing business to sell AI computing power. After the news broke, Meta surged but tanked US AI infrastructure stocks, with CoreWeave and Nebius plunging. Is this an AI computing power oversupply warning?
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Why did Samsung and SK Hynix fall after announcing investment expansion plans?
Samsung and SK Hynix expanded production but stock prices fell instead; memory prices rose 4.5 times in 9 months; can the storage stocks' highlight moment continue? In-depth analysis of the investment logic under the cloud vendors' arms race.
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The Warsh Storm is Coming
With Warsh taking over as Federal Reserve Chairman, the 30-year Treasury yield has broken through 5%, putting pressure on high valuations in the US stock market. Long-term interest rates remain high, shaking the foundations of the AI ​​bull market, and risks are accumulating.
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Dalio: We are in the early stages of a world war that will not end anytime soon.
The conflict with Iran is just the beginning; the next world war may be brewing.
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Bridgewater Associates founder Ray Dalio: The concept and operating mechanism of the All Weather portfolio
Ray Dalio shares his core investment principles: explaining how to build an "all-weather portfolio" to achieve a low-risk, high-return passive investment strategy, helping you steadily increase your wealth amidst market volatility.
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