China’s finance ministry plans to boost fiscal spending and accelerate its pace in 2025 to support economic growth. The ministry will focus on increasing consumption, expanding government investment, and raising the budget deficit to 4% of GDP. This move aims to counter potential headwinds from US tariffs and stimulate the economy.

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Hormuz, the Fed, and the Battle for Safe-Haven Status
Gold dropped 4% as the dollar claimed the safe-haven trade. With oil surging, the Strait of Hormuz under threat, and the Fed trapped between inflation and a slowdown, here’s what today’s market chaos means — and why the calculus could shift.





