报道还提到，2008年国际金融危机爆发后，中国推出进一步扩大内需振兴经济的十项措施，预估投资四万亿元，占中 国当时国内生产总值12%。以2024年GDP为基数计算，若实施同等规模的刺激政策，现在将需要耗资约16万亿元。 此外，《联合早报》此前还曾发文提到，2025年上半年，中国基础设施投资同比增长4.6%，其中水利管理业增长 15.4%、水上运输业增长21.8%。水利管理业涉及治水、防洪等，水上运输业则涉及航运通道，运河整治；这两个领域 的投资增幅显著高于铁路运输业的4.2%，也远超基建行业的平均投资增速。在房地产投资低迷、传统基建趋缓的背景 下，水利工程的推进成为拉动机械、钢铁等产业需求的重要支点。 【环球网财经综合报道】近日，国家发改委批复（核准）新一批重大项目，包括广州新机场，湛（江）海（口）跨海 轮渡及线路工程，辽东半岛水资源配置工程，大渡河丹巴水电站，怀柔、崖州湾国家实验室重大科研平台等，总投资 超4000亿元。 《联合早报》近日发文称，中国人民银行前顾问余永定指出，虽然直接刺激消费也有一定成效，但面临收入增速缓 慢、信心和预期疲弱以及资产跌价等挑战，即使加大力度，恐怕仍难以弥补需求缺口；在需求不足 ...

Hey, Scott. Yeah. Outgoing Atlanta Fed President Raphael Bostics uh not too concerned about the jobs numbers uh saying he expected them, but he was opposed to the last rate cut says the Fed's credibility is on the line with 5 years of above target inflation.He's concerned rate cuts could anchor inflation expectations uh could unanchor uh inflation expectations. The surveys that he does at the from the Atlanta Fed show firms will continue to increase prices into 2026. the Fed, he says, should keep policy res ...

Group 1 - The core viewpoint of the article is that the legislation related to Trump is expected to bring "considerable" economic stimulus next year according to Federal Reserve's Harker [1] Group 2 - The anticipated economic stimulus is likely to have a significant impact on various sectors, potentially leading to increased consumer spending and investment [1] - The Federal Reserve's comments suggest a positive outlook for economic growth, which may influence market sentiment and investment strategies [1] - The legislation could also affect monetary policy decisions as the Federal Reserve assesses the implications of the economic stimulus on inflation and interest rates [1]

王爷说财经讯：突发！美联储降息25基点，特朗普却怒批鲍威尔死板！ 当地时间12月10日，美联储官宣降息25个基点，联邦基金利率跌至3.5%-3.75%区间！ 可消息刚出，特朗普就公开开火，直言"鲍威尔太死板，25个基点根本不够"，要求直接降息50个基点。这波神仙博弈到底藏着什么猫腻？降息幅度为啥成了 矛盾焦点？ 01、美联储降息不是突发，分歧早有苗头！ 这已经是美联储继2024年三次降息后，2025年的第三次利率下调。 要搞懂这场冲突，得先看清美国当前的经济困境——就业市场早就"凉了半截"，8月非农就业仅增2.2万人，较7月的7.9万暴跌，2024-2025年新增就业岗位还 比初统计少了91.1万个。 但通胀却还在"添乱"，8月CPI同比涨2.9%，远超美联储2%的目标，年底预测更是高达3%。一边是就业疲软要"放水救市"，一边是通胀高企怕"大水漫灌"， 美联储夹在中间左右为难。 而特朗普的诉求很直接：经济数据直接挂钩选票，他多次施压美联储大幅降息，甚至把"支持大幅降息"当成新任美联储主席的"试金石"。 其次，这背后有鲍威尔的"谨慎算盘"！ 美联储要保"独立性"，不能被政治裹挟。鲍威尔很清楚，通胀还没压稳，要是 ...

Group 1 - The latest statistics from the German labor department indicate that the unemployment rate in Germany remains stagnant, with a slight increase of about 1,000 people in November, bringing the total to 2.973 million, which is lower than economists' expectations of a 5,000 increase [1] - The seasonally adjusted unemployment rate in Germany remained unchanged at 6.3%, aligning with expectations, highlighting the ongoing weakness in the labor market and insufficient economic growth momentum [1] - The German economy ministry has slightly revised its overall economic growth forecast for this year from stagnation (0% growth) to 0.2%, with a projected growth of 1.3% for the following year [1] Group 2 - Germany is pursuing a strategy of "large-scale infrastructure and defense investment" to support its economy, utilizing modified fiscal rules and special funds to create significant borrowing capacity [2] - A special infrastructure fund has been established with a scale of approximately €500 billion, aimed at public infrastructure projects over the next 10-12 years, focusing on transportation, utilities, energy transition, and climate projects to enhance competitiveness and stimulate medium to long-term growth [2] - The core budget for defense spending in the latest German government budget for 2026 is approximately €82.7 billion, with total defense spending exceeding €108 billion when including a special defense fund, indicating a clear intention to stimulate overall demand and support the military-industrial chain [2]

Group 1: Economic Policies and Stimulus - The U.S. announced a trade framework agreement with Argentina, Ecuador, Guatemala, and El Salvador to lower food tariffs, aiming to alleviate rising food prices due to tariffs and supply shocks [45][47] - Japan's government introduced a comprehensive economic stimulus plan worth 21.3 trillion yen, focusing on short-term subsidies, crisis management investments, and defense spending to boost GDP [64] Group 2: Market Performance - Major equity markets experienced declines, with the Hang Seng Technology Index down 7.2% and the Nasdaq down 2.7% [3][12] - The S&P 500 sectors showed mixed results, with communication services, healthcare, and consumer staples rising by 3.0%, 1.8%, and 0.8% respectively, while information technology and consumer discretionary fell by 4.7% and 3.3% [8] Group 3: Employment Data - The U.S. added 119,000 non-farm jobs in September, exceeding market expectations, but the unemployment rate rose to 4.4% [73]

Fiscal Stimulus Package - Japan's cabinet approved a 213 trillion JPY (approximately 1354 billion USD) economic stimulus package [1] - The package includes 177 trillion JPY in general expenditures [1] - The general expenditures significantly exceed last year's 139 trillion JPY, marking the largest fiscal stimulus since the pandemic [1] - The plan also incorporates 27 trillion JPY in tax cuts [1] Government Debt - New government bond issuance is expected to surpass the 669 trillion JPY used for a similar plan last year [1] Legislative Timeline - The cabinet plans to approve a supplementary budget案 as early as November 28 [1] - The government aims to secure parliamentary approval before the end of the year [1]

Core Points - President Trump has proposed potential stimulus checks of $2,000 or more, referred to as "tariff dividend" checks, aimed at providing relief amid rising prices and economic uncertainty [1][2] - The checks are expected to be funded by tariff revenues, but there are concerns regarding the financial implications, with estimates suggesting a cost of around $600 billion, which exceeds projected tariff income [4] - Congressional approval is required for these payments, similar to previous stimulus checks issued during the COVID-19 pandemic [5] Summary by Category Proposed Stimulus Checks - Trump indicated that the checks could be distributed by mid-2026, targeting "moderate income, middle income" Americans [2][3] - Treasury Secretary Scott Bessent mentioned that eligibility will be income-based, potentially including tax relief instead of direct payments [3] Economic Context - The proposed checks are seen as a response to macroeconomic challenges, including inflation and uncertainty in the market [1] - Previous stimulus payments during the pandemic were utilized by consumers for various purposes, including investing in stocks and cryptocurrencies [6] Historical Investment Performance - The article reviews the performance of investments made with previous stimulus checks: - Investing $3,200 in the SPDR S&P 500 ETF Trust would have grown to approximately $6,292.57 [10] - An investment in Apple stock would have increased to about $9,151.66 [11] - Nvidia stock would have yielded a value of around $62,880.50 [12] - Tesla stock would have reached approximately $15,761.04 [13] Detailed Investment Returns - Specific returns from previous stimulus checks are highlighted: - SPDR S&P 500 ETF Trust: - $1,200 check: worth $2,865.07 (+138.8%) - $600 check: worth $1,058.69 (+76.4%) - $1,400 check: worth $2,368.81 (+69.2%) [14] - Apple: - $1,200 check: worth $4,849.62 (+304.1%) - $600 check: worth $1,171.07 (+95.2%) - $1,400 check: worth $3,130.97 (+123.6%) [15] - Nvidia: - $1,200 check: worth $34,206.12 (+2,750.5%) - $600 check: worth $8,519.52 (+1,319.9%) - $1,400 check: worth $20,154.76 (+1,339.6%) [16] - Tesla: - $1,200 check: worth $12,253.68 (+921.1%) - $600 check: worth $1,080.73 (+80.1%) - $1,400 check: worth $2,426.63 (+73.3%) [17]

Core Viewpoint - Japan's economy has experienced a downturn after five consecutive quarters of growth, with a 1.8% year-on-year decline in GDP for Q3 2025, marking the first negative growth in six quarters [1][10]. Group 1: Economic Performance - The GDP decreased by 0.4% on a quarter-on-quarter basis, slightly better than the market expectation of a 0.6% decline, indicating a loss of growth momentum for the world's fourth-largest economy [1]. - The decline in Japan's economy is attributed to simultaneous downturns in exports, housing investment, and private consumption, which are considered the three main drivers of economic growth [3]. Group 2: Export and Trade Impact - Japan's goods and services exports fell by 1.2% quarter-on-quarter, significantly impacted by U.S. tariff increases, particularly affecting the automotive sector, which saw a substantial drop in export volumes [4][6]. - The contribution of external demand to GDP growth was negative by 0.2 percentage points due to the decline in exports, which account for 20% of Japan's total exports [7]. Group 3: Domestic Consumption and Investment - Private consumption, which constitutes over half of Japan's economy, showed minimal growth of only 0.1% quarter-on-quarter, a slowdown from 0.4% in the previous quarter [5]. - Housing investment experienced a dramatic decline of 9.4% quarter-on-quarter, linked to stricter energy efficiency regulations introduced in April [4]. Group 4: Policy Response and Future Outlook - In response to economic contraction, the Japanese government is accelerating fiscal measures, with an economic stimulus plan exceeding 17 trillion yen (approximately $109.9 billion) aimed at alleviating the impact of rising living costs and boosting investment in growth sectors like AI and semiconductors [9]. - Economists generally view the current economic data as a temporary setback rather than the beginning of a recession, with expectations of gradual recovery over the next one to two years despite underlying issues such as stagnant real wages and rising food costs [11].

Group 1: Trade Policies and Agreements - The U.S. President Trump signed an executive order on November 14, exempting certain agricultural products from the "reciprocal tariffs" list, effective from November 13 [1] - The U.S. announced the removal of tariffs on certain food imports from Argentina, Ecuador, Guatemala, and El Salvador, including coffee and bananas, in response to public concerns over rising prices [1] - The U.S. and Switzerland have "basically" reached a trade agreement, reducing Swiss goods tariffs from 39% to 15%, with Switzerland committing to invest $200 billion in the U.S. [1] - The U.S. and South Korea reached a comprehensive agreement on tariffs and defense, with South Korea committing to invest $350 billion in the U.S. [1] Group 2: Economic Indicators and Monetary Policy - Kansas City Fed President Schmidt stated that further rate cuts could exacerbate inflation rather than boost employment, indicating that current rates are "just right" for the economy [2] - The European Council announced the cancellation of tax exemptions for imported goods valued under €150, requiring all incoming goods to pay corresponding tariffs [2] - The U.S. Commerce Department is set to release the revised Q3 GDP and October personal income and PCE data on November 26 [2] - Japan's Finance Minister revealed a new economic stimulus package exceeding ¥17 trillion (approximately $110 billion) to boost the sluggish economy [2] Group 3: Market Dynamics - The Dow Jones Industrial Average fell by 0.65% to 47,147.48 points, while the S&P 500 decreased by 0.05% to 6,734.11 points, and the Nasdaq Composite rose by 0.13% to 22,900.59 points [3] - COMEX gold futures dropped by 2.62% to $4,084.4 per ounce, and silver futures fell by 5.21% to $50.4 per ounce [4] - U.S. oil futures increased by 2.15% to $59.95 per barrel, while Brent crude rose by 1.97% to $64.25 per barrel [4]