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2024-12-14 11:35:31

Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.Vanguard went against tradition and suggested the strategy of "six shares of debt and four shares" to deal with policy risks. In view of the high interest rate and stock valuation, Vanguard Group suggested that investors establish defensive positions in the new year and increase their investment in bonds instead of stocks. The company's 2025 outlook lists the asset allocation model built by economists and portfolio teams, which allocates 62% of the funds to fixed-income securities and the remaining 38% to stocks. In contrast, the ratio of stocks to bonds in the traditional portfolio is 60% to 40%. Although the US economy is still strong, the stock market valuation is close to historical highs, which makes stocks more vulnerable to potential policy risks after Trump takes office. At the same time, interest rates may remain higher than those in the 2010 s, thus providing investors with stable income and more protection in the case of risk aversion.Toronto stock index GSPTSE rose 0.21% to 25,558.81.


CFO of Goldman Sachs: Deregulation by the US government will promote more business activities within the company.Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.Russia said it was attacked by six ATACMS missiles today, and said it would respond to today's ATACMS missile attack.


Market news: Russia may use new medium-range ballistic missiles to Ukraine.Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.The war-torn people in Syria are in fear, and the sudden escalation of the situation in Syria has plunged the country into a new round of violence. The air strikes in recent days have made the Syrian people nervous and live in fear all day. (CCTV)

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