Core Viewpoint - The article discusses the criticism from Elon Musk regarding President Trump's large-scale tax and spending bill, which Musk describes as absurd and politically manipulated, warning that it could significantly increase the budget deficit to $2.5 trillion and burden American citizens with debt [1]. Group 1: Tax and Spending Bill - The large-scale tax and spending bill, referred to as the "beautiful bill," has been passed by the House of Representatives and is set for Senate review [1][6]. - The bill plans to reduce taxes by $4 trillion over the next decade while cutting at least $1.5 trillion in spending [1][6]. - Critics argue that the bill will severely impact healthcare policies and significantly increase federal debt [1][6]. Group 2: Elon Musk's Criticism - Musk expressed disappointment that the "beautiful bill" contradicts the efforts of the Office of Government Efficiency, which aims to reduce costs [4]. - He stated that the Office of Government Efficiency has become a scapegoat for all layoffs, indicating a disconnect between government actions and accountability [3][4]. - Musk humorously questioned whether a bill can be both "big" and "beautiful," highlighting skepticism about the bill's effectiveness [4]. Group 3: Political Reactions - Senator Joni Ernst faced backlash during a town hall meeting for her comments regarding cuts to healthcare subsidies, which some audience members claimed would lead to deaths [5][6]. - Ernst's subsequent apology was perceived as sarcastic, reflecting the contentious nature of the bill and its implications for public health [6].

美国白宫：美国总统特朗普知道马斯克在预算草案方面的立场。 ...

白宫新闻秘书Leavitt：美国总统特朗普知道马斯克在预算草案方面的立场。 ...

金十数据6月4日讯，马斯克在社交媒体发文称，目前这项规模庞大、荒唐可笑、充斥着政治目的国会支 出法案令人厌恶至极。那些投票支持的人是可耻的：你们知道自己做错了。这将使本已巨大的预算赤字 大幅增加到2.5万亿美元，并使美国公民背负难以承受的债务负担。国会正在让美国破产。 订阅马斯克动态 +订阅 马斯克：开支草案"让人感到厌恶" ...

以下文章来源于财联社 ，作者潇湘 财联社 . 财联社是上海报业集团主管主办，定位资本市场报道财经通讯社，以"准确、快速、权威、专业"为准则，提供7x24小时金融信息服务。 来源|财联社 对于双线资本(DoubleLine Capital)等美国债券市场上的知名机构投资者而言，眼下对30年期美债似乎只剩下了两种态度立场：要么尽量回避，要么直 接做空…… 由于对美国政府预算 赤字膨胀和债务负担加剧的担忧，这家由"新债王"冈拉克领导的投资公司以及太平洋投资管理公司(Pimco)和TCW Group Inc.等 知名固收市场投资机构的操作均类似： 避开期限最长的美国政府债券，转而青睐那些利率风险较低、但仍能提供可观收益的较短期债券。 随着全球范围内——从日本到英国再到美国的政府支出增加，削弱了人们对长期债券的信心，这种从长债转向短债的投资组合调整在今年表现良好。 上月，继标普和惠誉之后，全球三大评级机构中的最后一家——穆迪也剥夺了美国的Aaa主权信用评级。 事实上，从美债收益率的曲线结构来看，今年收益率曲线的趋陡现象正变得尤为明显——30年期美债收益率不断大幅攀升，而2年期、5年期等中短期 国债收益率则反而有所下降。 ...

法国4月政府预算 -693亿欧元，前值-470亿欧元。 ...

Core Viewpoint - China Communications Construction Company Limited (CCCC) has approved several key resolutions during its board and supervisory meetings, including a comprehensive budget for 2025, a share repurchase plan, and a long-term mechanism for share buybacks to stabilize stock prices [1][14][22]. Group 1: 2025 Comprehensive Budget - The board has approved the comprehensive budget plan for 2025, which will be submitted for approval at the 2024 annual shareholders' meeting [1][3][15]. - The voting results for the budget approval were unanimous, with all 7 board members voting in favor [4][16]. Group 2: Share Repurchase Plan - The board has agreed to a plan for repurchasing A-shares, which will also require approval at the 2024 annual shareholders' meeting [5][17]. - The repurchase will be conducted through centralized bidding, with a total fund allocation between RMB 5 billion and RMB 10 billion, and a maximum price of RMB 13.58 per share [24][36][38]. - The repurchase is aimed at reducing registered capital and enhancing shareholder value [23][29]. Group 3: Long-term Share Buyback Mechanism - A long-term mechanism for share buybacks has been established, triggered if the stock price falls by 20% over 20 consecutive trading days or drops below 50% of the highest closing price in the past year [8]. - The maximum amount for a single buyback under this mechanism is set at RMB 50 million, with daily repurchases limited to 5%-10% of the trading volume [8]. Group 4: Urban Village Renovation Projects - The board has approved a proposal for urban village renovation projects in Guangzhou, with a total investment of RMB 21.59 billion, where CCCC will contribute 20% of the capital [9][10]. - The financing structure includes RMB 17.27 billion in special loans, accounting for 80% of the total investment [10].

Core Viewpoint - The U.S. Secretary of Defense, Lloyd Austin, has urged Australia to increase its defense budget to 3.5% of GDP, emphasizing the need for enhanced military capabilities in response to regional security challenges [1] Group 1 - The call for a 3.5% defense budget is aimed at strengthening Australia's military readiness and capabilities [1] - This recommendation comes amid rising tensions in the Indo-Pacific region, highlighting the importance of defense spending [1] - The U.S. is advocating for closer defense cooperation with Australia to address shared security concerns [1]

在马斯克宣布离职，从白宫中匆忙抽身后，美国媒体迅速聚焦特朗普与马斯克，深挖猛料试图揭开两人 短暂又复杂关系中不为人知的内幕。 据《华尔街日报》透露，特朗普曾满腹狐疑地质疑马斯克"削减1万亿美元政府开支"的豪言壮语："这是 不是胡说八道？" 马斯克斥资近3亿美元助特朗普重返白宫，获得了空前的政府权力，但随即与内阁频频冲突，官员们对 其大胆裁员、政策突袭深感震惊。最终，商业危机、个人争议叠加政府内的激烈摩擦，促使马斯克匆忙 退出白宫。 不过，特朗普并未彻底否定这位富豪，对此的评价也意味深长： "马斯克没有真正离开，他还会经常往返。" 金钱、承诺、"空头支票" 特朗普政府与马斯克的合作始于一个极具诱惑力的承诺：马斯克声称可通过新设立的政府效率部 （DOGE）削减高达1万亿美元的联邦预算。 2024年大选期间，马斯克斥资近3亿美元帮助特朗普重返白宫。这种资本与政治的互惠关系赋予了马斯 克史无前例的政府权力。然而，双方关系复杂微妙：特朗普欣赏马斯克的才华，同时也对他的行事风格 表示不满。 媒体援引白宫工作人员消息称，特朗普曾对助手们形容马斯克"50%是天才，50%是男孩"，甚至还有幕 僚听到特朗普评价马斯克为"90%天 ...

这年头，基金出圈的最好方式就是业绩亮眼。而这，正是中泰天择稳健6个月持有混合（FOF）近期脱颖 而出的原因。 成立于2023年3月21日成立，截至2025年3月31日，中泰天择稳健6个月持有混合（FOF）A份额的份额净 值增长率为7.40%（同期业绩比较基准收益率4.19%），该份额近1年的收益率同类排名2/179（注）。 在许多FOF投资者更关注怎么选出优秀、黑马基金经理时，唐军却选择把切入点放在了 资产配置 上。 传统的基金研究往往是从寻找优秀的基金管理人出发，比如对基金过去收益、风险、风险调整后收益等各 类指标进行比较，综合评价和筛选出优秀的基金。从实践经验来看，这种评定结果主要选出了历史业绩好 的基金，容易集中在迎合过去市场风格的一类基金里。相反， 唐军选择先形成配置观点，然后从配置工 具的角度出发，在各个风格和各类子策略里优选最佳基金，作为实现配置观点的最优工具。 近期，我们邀请唐军和投资者就配置和组合构建等问题做了一次小范围的交流，以下是小编精选出的7个 问答，和大家分享。 问题 你如何构建多元资产组合？ 唐军 主要是基于宏观分析框架来做风险预算，类似于桥水的风险平价模型。但我并不完全进行风险平 ...