Core Insights - Vanguard is the second-largest issuer of exchange-traded funds (ETFs) in the U.S. by assets under management (AUM) and is poised to potentially take the top spot soon [1] - The Vanguard FTSE Europe ETF has emerged as a top performer in 2025, with a year-to-date increase of approximately 25% [4] Fund Composition and Performance - Vanguard manages 99 ETFs, with 62 focused on equities and 37 on fixed-income markets, providing a diverse range of investment options [2] - The Vanguard FTSE Europe ETF invests in companies across various European countries and has been a leader in performance within Vanguard's offerings [3][4] Market Trends and Drivers - The ETF's success is attributed to a global shift towards European industrials and financial services, contrasting with the U.S. market's focus on communication services and technology [5] - European defense spending is significantly increasing, with projections of reaching $446 billion in 2025, which supports the ETF's industrial exposure [7][8] Financial Services Sector - European banks included in the ETF have performed well, compensating for lower interest rates by increasing noninterest income and trading profits [9] Future Outlook - Analysts predict strong earnings growth for eurozone financial services and industrial stocks in 2026, with potential positive impacts from increased fiscal spending in Germany [11] - French and German stocks make up nearly 29% of the ETF's portfolio, suggesting favorable conditions for continued performance [12]

The Australian market is extending its early gains in mid-market moves on Thursday, reversing to the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains across most sectors led by stocks. Energy stocks were the only weak spot amid tumbling crude oil prices.The benchmark S&P/ASX 200 Index is gaining 111.70 points or 1.32 percent to 8,559.60, after touching a high of 8,561.00 earlier. The br ...

Despite extreme share price volatility, I like how my Solid Power ( SLDP ) investment performs in terms of the management's steps to capitalize on the industry's technological progress. I like the industry itself becauseWith a decade at a Big 4 audit firm specializing in the banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real estate, where I oversee complex financial operations and ...

Group 1 - The investment in Solid Power (SLDP) is viewed positively due to management's proactive steps to leverage technological advancements in the industry [1] - The industry is considered promising, indicating a favorable outlook for investments in this sector [1] - The investment philosophy emphasizes thorough research and a long-term perspective, which aids in navigating market cycles effectively [1] Group 2 - The analyst holds a beneficial long position in the shares of QuantumScape (QS), indicating confidence in the company's future performance [2] - The article reflects the author's personal opinions and is not influenced by external compensation, ensuring an unbiased perspective [2]

Core Points - President Donald Trump is pressuring the Federal Reserve to lower interest rates, threatening to fire Fed Chair Jerome Powell and Treasury Secretary Scott Bessent if they do not act quickly [2][6] - Trump's criticism of the Fed's current interest rate policy reflects his desire to stimulate the economy by reducing borrowing costs and the interest on national debt [3][4] - The Federal Reserve's independence is at risk if Trump follows through on his threats, which could lead to significant implications for financial markets and the economy [3][7] Economic Implications - Trump argues that lower interest rates would help reduce mortgage rates and boost economic activity, although some experts are skeptical about the effectiveness of such cuts [4][6] - The Fed has maintained a flat rate throughout the year, only recently cutting it by 0.25 percentage points in its last two meetings [3] - There is a division among Fed officials regarding further rate cuts, with some concerned about inflation driven by Trump's tariffs [4][8] Federal Reserve Independence - The Federal Reserve was established as an independent entity to resist political pressures that could lead to unnecessary rate cuts, which might provide short-term economic boosts but could also trigger inflation [8] - Powell's term as Fed Chair is set to end in May, and he does not report to Trump or Bessent, highlighting the central bank's autonomy [5][6]

Core Insights - A Federal Reserve rate cut in December is becoming less likely due to sharp divisions among committee members regarding future monetary policy [2][3][7] - The minutes from the recent policy committee meeting indicate that while some members support further rate cuts, many are inclined to maintain current rates to combat persistent inflation [5][4] Summary by Sections Federal Reserve's Decision-Making - The Federal Open Market Committee (FOMC) is facing a dilemma between lowering interest rates to support job growth and keeping them high to control inflation [2][7] - The chances of a rate cut in December have decreased from 50% to approximately 33% following the release of the meeting minutes [3][7] Economic Context - High inflation has persisted for five consecutive years, exceeding the Fed's target of a 2% annual rate, complicating the decision-making process [5][4] - The recent 43-day federal government shutdown has delayed key economic reports, further limiting the data available for FOMC members to consider [8][9] Member Opinions - Only one out of twelve FOMC members voted against lowering the fed funds rate, indicating a divided stance among members [5][9] - The minutes reveal that many members are becoming increasingly reluctant to cut rates due to ongoing inflation concerns [5][4]

转自：新华财经 •港深联手打造全球金融科技高地 •"互换通"扩容在即 南向机制酝酿中 【资讯导读】 •特朗普炮轰美联储：称鲍威尔"极度无能" •美联储内部就降息分歧明显 缩表共识强烈 【市场资讯】 •香港财经事务及库务局与深圳市地方金融监督管理局联合发布《携手打造港深全球金融科技中心行动 方案（2025–2027年）》，明确未来三年将围绕六大重点方向深化协同，共建具有全球竞争力的金融科 技生态体系。 •香港金管局副总裁李达志透露，"互换通"将扩大交易商名单并优化流动性管理工具；证监会市场监察 部执行董事梁仲贤表示，南向"互换通"已进入探讨阶段，以更好服务国际投资者需求。 •美国总统特朗普再度批评美联储主席鲍威尔，称利率过高；"真想解雇鲍威尔，鲍威尔极度无能"；应 起诉其"建设成本问题"；并称其当选以来，股市在九个月内达到了46次创纪录的高点，以前所未有的方 式提振了美国人和经济，工人工资以60年来最高的速度上升。 •美联储10月FOMC会议纪要显示，决策层在上月降息时存在严重分歧，但普遍支持年内暂停加息；几 乎所有成员同意立即终止量化紧缩，部分人担忧股市无序下跌带来的金融风险。 •道琼斯工业指数上涨0.1%报 ...

CNBC's Robert Frank sits down for a rare and exclusive interview with bankers to America's wealthiest families, Byron Trott and Gregg Lemkau, co-CEOs of BDT & MSD Partners. ...

Nov 19, 2025 3:46 PM Eastern Standard Time KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2025-NQM6 (NRMLT 2025-NQM6) Share NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM6 (NRMLT 2025-NQM6), a $494.4 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The ...

Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.Sensor Unlimited is an economist by training with a PhD, with a focus on financial economics. She is a quantitative modeler and for the past decade she has been covering the mortgage market, commercial market, and the banking industry. She writes about asset allocation and ETFs, particularly those related to the overall market, bonds, banking and financial secto ...