International
1. Goldman Sachs: Even if the US Supreme Court rules Trump's tariffs illegal, the impact on the overall trade situation will be limited.
2. JPMorgan Chase CEO Jamie Dimon: We are about to experience a recession with credit implications, the exact timing of which is unclear.
3. Jefferies: Maintains an underweight position on US Treasuries, focusing on the impact of the tariff ruling on market volatility.
4. TD Securities: The Bank of England will cut interest rates by 25 basis points, and the pound will remain weak.
5. Danske Bank: The US Treasury may adjust its issuance guidance in the first half of next year.
6. Singapore Bank: Volatility in Asian stock markets may continue; the correction can be seen as a healthy adjustment.
7. Danske Bank: The Bank of England will cut interest rates by 25 basis points; the votes of Governor Bailey and Deputy Governor Briden will be crucial.
Domestic
1. CITIC Securities: Gold prices will continue to rise.
2. CITIC Securities: The bottom for baijiu (Chinese liquor) has been reached; beer demand awaits recovery.
3. CICC: The current market rally is characterized by an upward trend in total deposits and an impending improvement in total wealth.
4. CITIC Securities: Aluminum is leading the non-ferrous metals sector, with industry profits expanding further from high levels.
5. CITIC Securities: 2026 may be a crucial year for real estate companies to repair their balance sheets.
6. CITIC Securities: The US stock market's AI CAPEX narrative is likely to continue in the short term.
7. Huachuang Securities: High growth in enterprise-level demand is driving a new supercycle in storage; optimistic expectations for storage prices in Q4 2025 and 2026.
