Internationally:
1. JPMorgan: Gold still faces downside risks due to persistently thin liquidity and room for further interest rate increases.
2. Morgan Stanley: US stocks still need to overcome three major hurdles before the next rebound: AI funding, election risks, and liquidity.
3. Deutsche Bank: US stocks may be at the bottom of the final round of decline this year, with a year-end rally expected.
4. BlackRock: The energy shock will leave long-term scars on the European economy.
5. BMO: The Fed is expected to release hawkish pause signals, with several officials potentially dissenting.
6. Jefferies: Fed Chairman Warsh is expected to focus on credibility.
7. Standard Chartered: Rising US stocks and Treasury yields are beneficial for risk-sensitive currencies.
8. Capital Economics: Weak credit demand in the Eurozone indicates growth risks.
9. Westpac: The Reserve Bank of New Zealand is expected to continue raising interest rates this week, with rates potentially reaching 3.5% in February next year. 10. French asset management company: Economic data supported a Fed rate hike, but the Fed is expected to remain on hold.
Domestic:
1. CITIC Securities: The Fed's monetary policy is more likely to be influenced by politics than economics.
2. Huatai Securities: Major AI companies are increasing investment in "embedded brains," with data acquisition and hardware sectors expected to benefit first.
3. CITIC Securities: Clothless interconnection is a key step in upgrading high-speed copper interconnection; prioritize leading CCL/PP companies.
4. Guotai Haitong: Optimus has started prototype trial production; physical AI is expected to accelerate breakthroughs.
5. Guotai Haitong: Kimi K3.1 Pro was released; optimistic about the booming open-source model ecosystem driving the accelerated implementation of AI applications.
6. Huayuan Securities: A-shares may have entered a window of opportunity for investment value.
7. Huafu Securities: A-share Q3 earnings improved, with companies in four industrial chains contributing 96.6% of the profit increase.
