Investors caught up in the "Musk Deal" are rewarded handsomely. One fund has even soared by 500%. Whether it is a Wall Street fund or a small short-term trader, as long as they dare to bet heavily on elon musk's business empire, they are expected to make a lot of money this year, because Donald Trump's victory in the US election has strongly boosted the wealth surge of the world's richest man. Musk's support for Trump during the campaign and his appointment to lead the new government efficiency department made his enterprises, including Tesla and unlisted unicorn companies SpaceX and xAI, hot assets. The market value of these companies has soared this year, pushing Musk's own personal wealth to exceed $400 billion. The closed-end fund Destiny Tech100 Inc.(DXYZ) is such a fund that caught the wind of Musk's trading. Since the November 5 election, the fund has soared by more than 500%. The fund invests in the shares of unlisted unicorn companies, and its latest declaration shows that as of the end of September, the bet on SpaceX accounted for more than one-third of its positions. Trump's victory prompted a large number of retail investors to flood into the fund, pushing its transaction price far beyond the valuation of its underlying assets, and the premium level rose to an eye-popping high.Barclays lowered the target price of MGM International Hotel Group from 50.00 to 46.00.The yield of 10-year US Treasury bonds rose by more than 24 basis points this week. At the end of new york on Friday (December 13th), the yield of 10-year US benchmark treasury bonds rose by about 7.00 basis points, reaching a fresh high of 4.4046%. This week, the cumulative increase was 24.38 basis points, and the overall upward trend was sustained and smooth. The yield of two-year US bonds rose by more than 5.00 basis points, reaching a new high of 4.2448%. This week, it rose by 14.08 basis points, and the overall volatility went up. There was a small but prominent V-shaped fluctuation around 21:30 Beijing time on December 11th.
A sustained attack on a refugee camp in western Sudan has killed 57 people. On December 13th, local time, Ibrahim Khater, Minister of Health of Northern Darfur in western Sudan, said that since December 1st, Zazam refugee camp south of El Fasher, the capital of Northern Darfur, has been continuously shelled, which has so far killed 57 civilians and injured 376 others.Fitch: Supply chain constraints and labor cost inflation will continue to affect global airlines until 2025.Fitch: In 2025, the rating prospects of the freight and logistics industries in the United States and Canada are generally stable.
Turkish Foreign Minister: The Turkish Embassy in Damascus will open tomorrow.Robert Holzmann, Governing Committee of the European Central Bank: It would be wrong to cut interest rates just to save the economy.S&P: Mexico may take a pragmatic attitude when negotiating with the United States on bilateral issues.