1. Hezbollah fired 300 rockets at Israel in a matter of minutes, hitting Safed. Their targets were Israeli towns. Reports have confirmed that Safed was directly hit as tensions escalated in the region.

2. Israeli Prime Minister Netanyahu said: Our war is the war of the free world. There is only one war in the world. The war with Iran is not just our war, but the war of the free world. What do you think of this?

3. As of this year, the number of bankruptcies in the United States has reached 512, which is the highest number since the 2020 COVID-19 crisis (518 bankruptcies). Therefore, in terms of the economy, individual indicators are not strong (Figure 1)

4. Daqing said: As investors seek more stimulus measures, a fiscal policy briefing will be held on Saturday, when the finance minister will introduce measures to strengthen fiscal policy to support economic growth and answer questions from reporters on the spot

5. Continuing from the above, global investors lack confidence in the Qing Dynasty stock market. The current market crash caused by the Qing Dynasty’s lack of a specific spending implementation plan is completely rational (Figure 2)

6. The unemployment rate fell to 4.1% in September. The employment report showed that the labor market was strong in September. The unemployment rate also surprised the market. Before the 1991 recession, the unemployment rate rose 1.7% in the 12 months after the trough. Before the 2001 recession, the unemployment rate rose 1.8% in the 12 months. And during the outbreak of the financial crisis in 2008, it rose 2.1%.

With the stronger-than-expected employment report released so far, the risk of dual authorization has subsided, and the#Fedmay need to reconsider the extent of further rate cuts (Figure 3)

7. In September, the global manufacturing index #pmi dropped from 49.6 in August to 48.8, which has been shrinking for three consecutive months. Four of the five indexes in August contracted, including output, new orders, employment and purchasing inventory.

In addition, new export orders fell the fastest, which means that global trade volume may now be down 3-4% year-on-year.

Business optimism among manufacturers fell to a 22-month low, pointing to a bleak outlook for the coming months, often a telltale sign of a global economic slowdown (Chart 4)

8. Buffett's decade-long bet on #标普500 has paid off big, but experts warn that despite the S&P 500's strength, investors may be missing out on diversification opportunities as technology industry concentration and market volatility are a potential risk

9. The number of global venture capital financing rounds tends to decline in the third quarter of 2024, but BlackRock is optimistic about $BTC #BTC☀️ in the fourth quarter

In the US stock market, as I write this, the#Standard500has just hit a new all-time high, and retail investors have become very #fomo , which usually happens near market peaks

10. It is reported that Visa is launching a platform to provide banks with services such as issuing stablecoins and tokenized deposits