Group 1: Investment Strategies - Many family offices are shifting towards real estate and alternative investments, particularly private equity and hedge funds, to protect their portfolios against inflation [1][3] - U.S. family offices reported holding 40% of their investments in public equities, while 34% are in private investments, including private equity, venture capital, private credit, and real estate [5] Group 2: Concerns and Risks - A significant number of family offices are concerned about inflation and geopolitical risks, with 64% citing interest rates and 61% citing inflation as major risks to their portfolios [2] - Nearly three-quarters (72%) of family offices surveyed reported having no exposure to gold, indicating a reluctance to invest in gold despite its recent price surge [6][7] Group 3: Focus on Technology - Artificial intelligence (AI) is a prominent investment theme for family offices, with 65% including AI in their portfolios or prioritizing it for future investments [4] - There is a strong belief among family offices that AI should be a central part of their investment strategy, although there are concerns about concentration risk [6] Group 4: Cash Management - Family offices are maintaining large amounts of cash and cash equivalents, with some holding cash to prepare for potential downturns and to capitalize on opportunistic investments if asset prices decline [8] - Concerns about inflation are leading some family offices to prefer holding cash, as higher rates could result from inflationary pressures [9]

公众号记得加星标⭐️，第一时间看推送不会错过。 军费开支攀升、雷达现代化改造、电子战发展以及安全卫星通信网络的扩张，正共同推动射频 （RF）技术从单纯的性能升级，转变为关乎国家安全的战略必需品。 本文由 Yole Group 射频与化合物半导体领域分析师 Ahmad Abbas 和 Cyril Buey 联合撰写。这 份行业简报深入探讨了国防与卫星通信两大领域，如何推动射频解决方案迈入具有战略意义的全 新发展阶段。 基于 Yole Group《2025 年射频行业现状报告》（2026 版即将发布）、《2026 年氮化镓射频市 场报告》、《2026 年国防射频技术报告》等多份研究成果，两位分析师对射频技术的发展现状进 行了最新梳理，重点聚焦氮化镓（GaN）基解决方案。他们分析了驱动当前市场格局的核心技 术、参与企业及供应链变化趋势，并清晰阐述了氮化镓射频技术缘何成为未来国防与太空基础设 施的基石。 国防与卫星通信需求：推动射频技术向氮化镓转型 从市场出货量来看，硅基射频技术凭借成本优势和高集成度，目前仍占据主导地位。但在硅基技术难 以突破的高功率、高频段应用场景中，以氮化镓为代表的化合物半导体正不断扩大市场份额 ...

Group 1: AI Sector Developments - Nvidia's potential $100 billion investment in OpenAI has reportedly collapsed, indicating a rift between two major players in the AI industry [3][7] - OpenAI is exploring other significant investments, with a valuation of approximately $830 billion to fund next-generation AI models, raising concerns about circular deals within the AI ecosystem [3] Group 2: U.S. Government and Monetary Policy - The U.S. federal government is confirmed to shut down at midnight due to Congress's failure to pass appropriations legislation, affecting various agencies and services [4][7] - Larry Kudlow has endorsed Kevin Warsh for the Federal Reserve, suggesting a potential shift towards lower interest rates, which could be influenced by productivity gains from AI [5][7] Group 3: Housing Market Dynamics - President Trump has sparked debate by expressing a desire to keep housing prices high while advocating for lower mortgage rates, raising questions about the feasibility of improving affordability without reducing home prices [6][7] Group 4: Geopolitical Tensions - Saudi Arabia is concerned about President Trump's threats against Iran, indicating ongoing geopolitical tensions in the Middle East [9] - Venezuelan opposition leader María Corina Machado has reiterated her presidential ambitions, highlighting the volatile political landscape in Venezuela [9]

Core Viewpoint - The current investment environment is perceived as lacking in opportunities, leading to a strategy of accumulating cash and waiting on the sidelines for better prospects [1]. Group 1: Investment Strategy - The company has expressed a cautious approach to investing, indicating a preference for holding cash rather than making new investments at this time [1]. - There is an emphasis on the importance of knowledge expansion and engagement in the investment community as a means to improve investment decisions [1]. Group 2: Company Engagement - The company is actively involved in discussions about geopolitics and macroeconomics, which informs its investment perspectives [1]. - There is a focus on companies that are part of the company's portfolio, highlighting a selective interest in specific stocks [1].

Trump says Putin agreed to halt bombing of cities and towns in Ukraine as the country prepares for an extreme cold snap https://t.co/U8ISIaGmfS ...

A number of Middle Eastern governments are trying to push the U.S. and Iran into talks to head off a possible conflict—efforts that so far are failing to gain traction as both sides dig in https://t.co/Mccu1Nb5vK ...

💡 Key Takeaways🔹 Track USD/JPY + geopolitics, rotations are still fragile.🔹 Watch BNB’s $900 level as the sentiment line in the sand.🔹 Follow ENSO + “intent” tooling after the volume spike.Stay informed, stay ahead:https://t.co/huzNYtuDpr7/7 ...

Group 1 - Exxon Mobil and Chevron executives are expected to face inquiries regarding their investment opportunities in Venezuela during analyst calls [1] - The focus on Venezuela may overshadow discussions about their actual quarterly earnings [1]

China indicated that an anti-graft purge roiling the People’s Liberation Army won’t impede its plans for eventually taking control of self-run Taiwan https://t.co/WKzcDacW0W ...

Our troops on the other side of the world are vulnerable, therefore we need more troops on the other side of the world, sez Marco.Mega Geopolitics (@MegaGeopolitics):BREAKING: 🇺🇸🇮🇷 Marco Rubio says that 30-40 thousand American troops are at risk in the Middle East because they are within range of Iranian missiles https://t.co/VoHPYyxm5i ...