Yesterday, I looked forward to this week's small goal in a small post. The Shanghai Stock Exchange hit 3600 points and stood firm at 3500 points. It seems that I am still conservative.First, on 9 December, the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting pointed out that next year, we should implement a more active fiscal policy and a moderately loose monetary policy, enrich and improve the policy toolbox, strengthen unconventional countercyclical adjustment, lay a good policy "combination boxing", and improve the foresight, pertinence and effectiveness of macro-control.
If there is no accident, we can get out of the mad cow high of 3674 points this month and prepare for 4000 or even 5000 points next year.Second, the yield of 10-year treasury bonds is less than 2%, and the 7-day annualized rate of the money fund is around 1.5%. This makes the dividend-paying big blue chips in the stock market more attractive for investment. The recent further decline in long-term interest rates will accelerate the transfer of deposits to the equity market. This will directly open up the upside of A shares.
Yesterday, I looked forward to this week's small goal in a small post. The Shanghai Stock Exchange hit 3600 points and stood firm at 3500 points. It seems that I am still conservative.Three major favorable catalysts, the New Year's market will start, and I am going to make this layout.Three major favorable catalysts, the New Year's market will start, and I am going to make this layout.