Fitch: It is estimated that the sales growth rate of food, beverage, tobacco and consumer goods will be in low single digits in 2025.Trump: The money saved by automation is far less than the pain, injury and loss it has caused to American workers.Shanghai's "trade-in" has driven consumption to exceed 10 billion yuan. According to the statistics of Shanghai Jiaodian Household Appliances Business Association, as of December 11, Shanghai's household appliances consumption subsidy activities have achieved remarkable results, and the number of people participating in the trade-in of household appliances in Shanghai has exceeded 3.57 million. The sales of eight categories of household appliances, including air conditioners, computers and refrigerators, covered by the state subsidy increased by 30%-40% year-on-year. During the implementation of the policy, the cumulative amount of subsidies reached 1.165 billion yuan, and the consumption of household appliances and household products by all platforms exceeded 10 billion yuan. (Liberation Daily)
Market information: FTSE Film will increase the output of CMP slurry in Korea by 30%.Russia said it had cracked down on Ukrainian troops in many places, saying that the situation on the front line was tense. On the 12th local time, the Russian Defense Ministry reported that in the past day, Russian tactical aviation, missile troops, artillery, etc. had cracked down on the assembly areas of Ukrainian troops' effective forces and equipment and a production workshop of Ukrainian attack drones in 137 areas. In addition, Russian troops also controlled the "Zarija" settlement in Donetsk. According to the circular, the Russian armed forces continued to defeat the Ukrainian armed forces in Kursk, Russia, and regained control of the "New Ivanovka" settlement in Kursk. On the same day, the General Staff of the Ukrainian Armed Forces issued a war report, saying that as of that afternoon, there were 138 battles in the front line, and the situation on the front line remained tense, mainly in Kulahovo, Pokrovsk and Freimut-Fsk areas. The Ukrainian air force, missile units and artillery units destroyed many Russian military personnel assembly areas and control points. In the Kursk region, the Ukrainian army repelled nine Russian attacks.The Federal Reserve's loan balance in the discount window in the week of December 11th was $2.61 billion, compared with $2.43 billion in the previous week. The balance of bank term financing loans in the week of December 11th was 15.6 billion US dollars, compared with 17.1 billion US dollars in the previous week.
Bezos' Amazon plans to donate $1 million to Trump's inauguration ceremony.Goldman Sachs: Two situations support the view that the reserve price of Brent crude oil is $70. Goldman Sachs: We find that when the price of Brent crude oil falls to the range of $60/barrel, the supply response measures of the United States will increase, and the Organization of Petroleum Exporting Countries (OPEC) tends to extend the production reduction around the current price level, which supports our view that the reserve price of Brent crude oil is $70/barrel.Fitch: In 2025, the prospects of all segments of the US technology market are neutral. It is expected that the investment in artificial intelligence infrastructure and the PC update cycle will promote the single-digit growth in the semiconductor segment.
Strategy guide
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Strategy guide