1. Israel's foreign minister announced progress in ceasefire talks with Lebanon and hinted that Russia could help prevent Hezbollah from rearming through Syria, but Hezbollah said it had not received a formal ceasefire proposal and acknowledged that diplomatic activities involving Washington and Moscow as well as Tehran had intensified

2. About the US election #哈里斯 US$654 million was invested in the election campaign, which is twice what Trump spent. Before the election, Kamala also invested US$20 million in performances in swing states.

3. MicroStrategy announced that it would purchase more than 20,000 bitcoins for $2.03 billion, increasing its holdings to 279,420. The year-to-date return is 26.4%. The cost of this purchase is $74,000 per $BTC. Michael Saylor's strategy continues to focus on the long-term accumulation of Bitcoin, thereby increasing its share in digital assets.

4. My goodness, China’s money supply has been increasing (Figure 1)

5. Reuters said that the Japanese government will propose a $65 billion plan to support the domestic chip industry and call for a total of 50 billion lira yen in public and private investments in the chip industry over the next decade.

6. The global composite purchasing managers' index is entering a state of contraction, and there are signs that the downside risks of some major economies are increasing by 2025 (Figure 2)

7. Things to focus on this week:

Tuesday: Fed Speech

Wednesday: CPI inflation

Thursday: PPI inflation and initial jobless claims, Fed Chairman Powell's speech

8. Foreign investors have lost confidence in China. So far this year, $12.8 billion has been withdrawn from China, the largest outflow in 26 years. Foreign direct investment is expected to see its first annual net outflow since records began in 1990 (Figure 3)

9. The AI ​​bubble is bigger than the 2000 Internet bubble #标普500 The forward P/E ratio of the top 10 stocks in the index has reached 30 times, which is much higher than the 25 times during the Internet boom in the 1990s.

10. As the third quarter earnings season draws to a close, S&P 500 sales growth is better than expected, and after excluding energy factors, sales in 2024 will increase by 6.7% year-on-year.

11. Continuing with the third article, a picture shows the buying trend of $BTC of MicroStrategy $MSTR (Figure 4)

12. China's#QUGVWolfis a weaponized and surveillance robot dog designed for pack hunting, taking tactical capabilities to a new level