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A rational view of the surge in the bond market should not ignore the risks behind it. Recently, bond yields have dropped rapidly. When investors enjoy the dividends brought by the surge in the bond market, they must also remain rational and not ignore the risks behind them. The market has filled the expectations of the bond market. If there is a gap between future policy implementation and expectations, the market may have the possibility of substantial adjustment. Most financial institutions are bulls in the bond market. In the case of unilateral upward interest rates and no hedging instruments, once the market is obviously disturbed, it is necessary to be alert to the risk of trampling. At present, the yield of 10-year treasury bonds has dropped to 1.84%. Market participants should realize that the future downside is limited, but the upside is great. (SSE)CEO of Ferrari: We have seen opportunities in different countries, but we need to grow at the right speed. We still plan to launch (the first) electric vehicles in 2025.The news before the US stock market was delivered by express delivery. ① The three major stock index futures of the US stock market were mixed, and the market held its breath for CPI tonight. ② As of press time, Dow futures fell by 0.13%, S&P 500 futures rose by 0.11%, and Nasdaq futures rose by 0.22%. (3) Germany's DAX index rose 0.08%, Britain's FTSE 100 index rose 0.08%, France's CAC40 index rose 0.07%, and Europe's Stoxx 50 index fell 0.07%. ④WTI crude oil rose 1.04% to $69.30/barrel. Brent crude oil rose 0.97% to $72.89/barrel. 90% economists predict that the Federal Reserve will cut interest rates by 25 basis points next week. 6 Goldman Sachs is firmly bullish on gold: the price of gold can also rise to $3,000 under a strong dollar. ⑦ Many houses fell by about 6.5% before the market opened, and the company announced that it would raise $7 million by selling shares. ⑧ Yihang's smart market rose by more than 1%. In the news, Shenzhen has built the world's leading low-altitude economic industry ecology. 9 Macy's fell 12% before the market, and the company lowered its profit forecast for the fiscal year.

The State Council, USA: We continue to make it clear in our dialogue with local entities, including Syria, that finding journalist Austin Tess is a priority. (When asked about Israel's attack on Syria) I don't want to see any actions that make the Syrian-led process more difficult.OPEC Monthly Report: Considering the recently received bearish data in the third quarter, the demand forecast for 2024 is lowered.Alaska Airlines says passengers are willing to pay more for advanced class on long-haul flights.

Apple will provide Globalstar satellite connection for smart watches, and Apple plans to provide Globalstar satellite communication function on smart watch devices. Future models will provide blood pressure testing tools, and the new watch will adopt MediaTek for the first time. The share price of Globalstar US stocks jumped, with an increase of as high as 21%.The fire in Malibu, a coastal city in California, spread rapidly and tens of thousands of residents were evacuated. In the early morning of Tuesday, local time, the fire in Malibu, California, USA doubled in an hour, and the fire quickly destroyed houses. The local government issued an evacuation order and schools were closed. The California Forest and Fire Department said that the Franklin mountain fire in Los Angeles County began to get out of control on Monday night, with an area of 2,200 acres. All schools in Malibu are closed until further notice. Pepperdine University is closed. As of Tuesday morning, about 18,000 residents had received evacuation orders or warnings. The section of the Pacific Coast Expressway extending from Pacific Palisades to central Malibu was closed, and only evacuated people could use it. Malibu City Hall has been evacuated, and officials are working in the nearby city of Calabaca. Anthony Marrone, director of the Los Angeles County Fire Department, said at a news conference on Tuesday that the fire was still out of control and about 700 firefighters were on the scene. Marrone said that only a small number of houses were destroyed and fire investigators were investigating the cause of the fire. So far, no casualties have been reported.Allianz's investment in national pension has been approved, and the pace of foreign investment in China's insurance market has accelerated. The State Financial Supervision and Administration recently approved the change of registered capital of national pension, and agreed that Allianz Investment Co., Ltd. will subscribe for 2% of the shares of national pension for about 284 million yuan, becoming the first foreign shareholder of national pension, thus increasing the registered capital of national pension to about 11.378 billion yuan. Since the beginning of this year, a number of foreign investors have increased the insurance market in China. Analysts said that this aspect shows that China's insurance industry has further deepened its opening to the outside world, providing a more relaxed policy environment for foreign investors to overweight China's insurance market; On the other hand, it shows that it has confidence in the development of insurance industry in China and will attract more foreign-funded institutions to enter the insurance market in China. (SSE)