129667786174052892_24Private heated 2,307 points "State of flux" breaking probability in macroeconomic regulation and control, or relax under the expected role
the old republic power leveling, a-shares in the end of October there was a wave of "eating", though rose just 200 points, but the stock market was very hot, but Monster stock frequency, as represented by the culture and media topics of investment was dominated a-shares. However, on November 16 of Shanghai stock indexDown 2.48% declared ended a brief rebound, 16th just 8 trading days, the Shanghai composite was down as much as 6%, early low of 2,307 points at stake. 5 trading days this week, sold only about $ 50 billion a day in Shanghai, face no hot spots. The view was expressed that it adjust the "puzzling", is this true? What we really worried about? The daily economic news this week invited to several first-tier investors, the idea might be worth investor reference.
They were floating capital of Hangzhou, sea Runda dysprosium Chou Tian, President of capital, investment director Huang Daolin, Tai Wo Estate investment director Wang Liang and Guo Cheng-Ho Kang Haoping, General Manager of investment. Recalling rally ends not accidentally NBD:10 months late rally would have tenHealth, hot spots emerge plate effective wheel movement, but the rebound is an abrupt end, in recent days has early gains fell back to more than half of the market.
The view was expressed that the recent two week adjustment "inexplicable", do you have any special feelings for this fall? Chapter: in fact, institutions have prepared on this rally who died earlier, at the time of the rally is still going, there are many institutions began summing upBounce end conditions, so when some of these conditions occurs, natural rebound is over. Chou Tian dy: originally predicted the rally would not be so near the end, did not expect decline so fierce. We didn't hold much hope on the rebound in itself, positions did not exceed 50%. Recently due to external effects, coupled with futures betting against the strengthening of efforts to use new tools, such as, led to aStocks volatile, "flexible, quick to strike" one of the tactics of the how is our importance this year. Huang Daolin: in fact, from a technical point of view
Diablo 3 Power Leveling, the market back to the step is inevitable, the callback is to break through the first week after 60 antenna back to step on, callback is in the second week in April this year to drop back to step on, I think the market after two back to the step on technicalStep on out an end of w, on the latter part of the market are more favourable. Wang Liang: this campaign has some characteristics: coal misfire, coloured bleak. As in every market in the past the biggest bright spot, since the beginning of the rally
swtor power leveling, ferrous and coal and there is no compelling performance, this in itself some upper body show concern for future international and domestic economic situation and during hotDoor plates, including the cultural media, and environmental protection are some smaller stocks in the market value, in fact, are short of funds with the help of planning to impose a profit.
Restlessness without causing long term funding of short-term funds approved, which doomed the rally not lasting. Kang Haoping: current round began in the rebound of 2,307 points is because the expected easing of monetary policy, also rebounded who died because of the monetary policyRelaxing has been unable to confirm. Although we also see fine tuning of monetary policy, although we also see the loosening of fiscal policy, but the reserve ratio cut always failed, confidence is obviously inadequate. Besides more evolved more strongly the European debt crisis, perimeter on a deteriorating trend, and HSBC announce China November PMI index preview was a decrease in the value 3%, economic hardLanding the risk of market is pessimistic. After getting control of inflation, economic contradictions is a hard landing in China risk, PMI preview only 48, the market immediately after seeing this indicator should have to loose money, this is an obvious positive on the stock market. But very unfortunately, the Central Bank did not take action, perhaps on December 1, our own (official)After the PMI data came out, the deposit reserve ratio cut is becoming a reality, perhaps then the a-share corner might actually arrive.
We have to wait, does not produce chips, long Yang line will come at any time. NBD: the market really worried about? PMI fell short of expectations? Also the European debt crisis?
What do you think is the real cause of the decline may be? Chapter:I think it comes down to worries about economies still maintain the down trend, that is, the fine-tuning of policies does not work. PMI, power generation, appliance sales data such as has been confirmed on this point. European debt crisis is another worrying factor, for at any time may be worried that there's a Black Swan, funding was not taking any action. More important is that the European debt crisis has also led toThe outflow of hot money in China, October Exchange data reduction was the beginning of this trend. Chou Tian dy: main market fears the European debt crisis, China's economic growth down, hot money out of emerging markets, China's PMI fell short of expectations, easing not out, and short subjects unit the hype over the formation of bubbles, and many other issues, bearish on many of the reasons for, the stock market fell a short time wasSo. Huang Daolin: any change in a downward trend must go through a complex substructure, technology is required on the surface.
To be found on the fundamental reason, I feel that Europe's debt crisis likely to dominate, this decline is the main driving force of European and American debt crises. Wang Liang: market now not so much worried about what market now than to see what's going on. We seeEurope's debt problems that involve multiple countries with different interests demand, we have seen in party struggles under the United States the problem of unemployment, seen in monetary tightening are constantly issuing new shares, seeing valuations have reached the bottom of the history is still shaky.
The most feared, not launching a "bomb", but I do not know where is buried "land mines". Kang Haoping: fears about European debtThe problem, but European debt problems is, after all
diablo 3 gold, external causes, has a relationship with us, but certainly not the principal contradiction. PMI fell short of expectations, demonstrating monetary policy must be loose at once. The Central Bank believes that loose monetary rebound in property prices. In fact, real estate, like inflation, turning point has been formed, it is difficult to reverse, like daikon prices plummeted, falling reserves won't help.Lowering reserve requirements while continuing to maintain the restriction measures such as real estate prices can not rise. I think the main problem is a question of confidence, confidence is more important than gold.
Currently on the market was extremely weak, lacking outside the market downward trend cannot be contained. Short-term policy macro-control of last relax NBD: HSBC PMI initial hit a 32-month low, internal and external needsWith the cold, but policy fine-tuning the pace may seem slow, it was felt that in front of the Central Economic Conference, possibility of policy changes is small.
This to contradictory effects on a-shares? Chapter: it is understood that the ministries on Wednesday morning briefed the premier on the respective annual policy proposals, but the Premier has not been finally decided. Believe that from now on to the Central Economic ConferenceZhiqian
Diablo 3 Power Leveling, everything is clear. I forecast last policies let everyone down, keynote will not relax policy, monetary policy will remain tight.
Market expectations which had long been cut reserve requirement ratio, before the Spring Festival is possible, but at the possibility of raising interest rates, at which time the market likely to give consent. Chou Tian dy: PMI data record low, a lot of economic data were not so good, Fear increases the risk of an economic hard landing
swtor power leveling, and the present policy is only fine-tune does not increase the intensity of loose, well below market expectations, stocks go up this contradiction is very difficult. Huang Daolin: before the CPI also fully down, changes in monetary policy is not likely to occur. Livelihood issues is quite prominent, central focus will certainly focus on people's livelihood. For monetary policyLoose a thing, we should not hold too much hope. Wang Liang: now is filled with numerous international and domestic conflicts, numerous uncertainty, complexity, far more than the United States when the 2008 subprime mortgage crisis. In such complex situations, any policy shift may seem too abrupt and cheeky. "Take the step by step, move it, to static brake" isThe most reasonable, stable and flexible fiscal and monetary policies is particularly necessary at this time, is now in stock index important guarantee for the smooth running of a guarantee.
If fiscal policy continues to support, then on the formation of a-shares will be policy "the thick product sends thinly" effect, is ultimately a good build up. Kang Haoping: policy loosening of probabilities I think is 100%. But many areMongolia has completely lost the confidence of investors. "Vanish rabbits do not sub birds", many investors are anxiously waiting for the loose a clear signal. I don't know if loose economic conference-related, but loose is inevitable, otherwise the Chinese economy may be a hard landing
star wars the old republic power leveling, a large number of SMEs can fail, causing the unemployment affecting social stability. If the policy is not determined to relaxSignal, confident that we will have a serious impact on the a-share investors.
Policy loosening is not far away, is more of a necessity, because 21.5% of the reserve is an unusual thing. (Zhu Xiuwei business daily) Gold-line statement: Gold-line reproduced above
swtor power leveling, does not indicate that confirm the description for investor use only and does not constitute investmentFunded proposals. Investor actions accordingly, and at your own risk.
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