2024-12-14 05:24:27
Top fund managers say that Trump's tariff plan is influenced or less than expected by the negotiation strategy. Some of the most influential and powerful fund managers in the world believe that the potential extensive tariffs of US President-elect Donald Trump are only negotiation strategies. This was the key message delivered by Jenny Johnson, CEO of Franklin Templeton, and Anne Walsh, Chief Investment Officer of Guggenheim Partners Investment Management, when they spoke at the event "Women, Money and Power" held by Bloomberg in London on Tuesday. "I think tariffs are still more of a negotiation strategy than the inevitable situation we will see," Walsh said. "I think it will be more targeted." Johnson expressed a similar view, adding that such measures are often "inflationary".ALPHABET shares rose 5%.Nasdaq once hit a record high in intraday trading, up 0.7%.
Zhang Ming, Secretary-General of the SCO: History will continue to prove the great vitality of the "Shanghai Spirit". The departure reception of Zhang Ming, Secretary-General of the Shanghai Cooperation Organization (SCO), was held in Beijing on the 10th. Zhang Ming said at the meeting that history has proved that the establishment of the SCO is a forward-looking decision, and history will continue to prove that the "Shanghai Spirit" has great vitality.Google (GOOG.O) rose 4.3%, reaching its highest level since July.Alaska Airlines rose 12.59%, American Airlines rose more than 3.8%, Boeing rose about 3.1%, United Airlines and Delta Air Lines rose at least 1.4%, and Southwest Airlines fell more than 0.8%. The airline association predicts that the overall profit and operating income of the industry will increase slightly in 2025. Bernstein, a brokerage firm, upgraded the AAL rating of American Airlines, saying that the company's share price could rise by about 40%.
The SCO Secretariat hosted a reception for the departure of Secretary-General Zhang Ming. "I hope that the Shanghai Cooperation Organization will benefit more people from all countries and let them experience the sense of gain, belonging and happiness in the SCO family." Zhang Ming, Secretary General of the SCO, said on the 10th. Zhang Ming is about to end his term of office. On January 1, 2022, he became the Secretary-General of the SCO for a term of three years. On the 10th, his departure reception was held in Beijing, attended by guests such as diplomatic envoys of SCO countries and Chinese officials. (Zhongxin. com)The observers of the International Atomic Energy Agency in Zaporoze Nuclear Power Plant completed routine personnel rotation. The Zaporoze Nuclear Power Plant and the Russian Ministry of Defense issued a statement saying that the observers of the International Atomic Energy Agency in Zaporoze Nuclear Power Plant completed routine personnel rotation that day. The Russian Ministry of Defence and the Russian National Guard provided security for the rotation. Three experts from the International Atomic Energy Agency arrived at Zaporoge nuclear power plant as observers, whose task was to supervise and evaluate the operational safety and physical safety of Zaporoge nuclear power plant. Since Grossi, Director General of the International Atomic Energy Agency, visited Zaporoge Nuclear Power Plant for the first time on September 1, 2022, IAEA experts have been stationed at the nuclear power plant to observe.Institution: AUD/NZD may rebound in the coming months. Jane Foley, foreign exchange strategist of ABN amro, said in a report that AUD/NZD may rebound in the coming months, because the growth momentum of New Zealand's economy is far less than that of Australia. "The weakness of the New Zealand economy and the risk of further sharp interest rate cuts by the New Zealand Federal Reserve indicate that the fundamentals do not support the further performance of the New Zealand dollar against the Australian dollar." The New Zealand Federal Reserve cut interest rates by 50 basis points in November and hinted that it would cut interest rates further in 2025. The Reserve Bank of Australia kept interest rates unchanged on Tuesday. The Dutch cooperative bank predicts that the Australian dollar will rise from the current 1.0991 to 1.12 against the New Zealand dollar within three months.