Murder stock market has been quietly approaching chronic
A-share market has quietly begun a cyclical adjustment, the 2009 bull market in the enjoyment of the feast of the investors may be looking forward to even greater bull market, but the A-share market their own 30-month period about , the market may have been going through an adjustment phase, of course, from the A-share market for nearly 20 years of life point of view, through eight rounds of CBBC city, but this is just an average, if we consider some longer period, some cycle shorter, then the market is still uncertain.
Spring Festival, people think the stock market to be held two sessions, is certainly rising, but the two curtain was opened, the market began to turn down,UGGs, basically the same every year.
from 2007 October 16 of 6124 point to the October 28, 2008 1664 points, and then through August 11, 2009 the highest point of 3478 points, up to now has been 29 months, and shows cyclical adjustment in the stock market may have already begun.
from a policy perspective, the management has already started to tighten monetary policy and property policies, twice raised the reserve ratio has actually announced the management began to tighten liquidity in the market,UGG boots cheap, four times a month to suppress the introduction of the property market The policy is also suppressed by the market as a signal of high prices,UGG bailey button, because the real estate and banking sector occupies a large proportion in the stock market, therefore, can not help the stock market has also been implicated in, say, the enterprise as the tightening of liquidity, a lot of money may be to withdraw to homing. From this perspective, the current policy on A-share market, it is suffocating blow.
view from the international situation, because the Americans want to issue treasury bonds, have made the U.S. dollar, In this way, the European sovereign debt crises can be detonated, and commodity markets after the dollar's weakness last year, moves up after they have formed channels for the formation of international asset prices are threatening the pressure, so when looking for U.S. hedge funds the occasion of asylum, the U.S. dollar for China is to reduce inflationary pressures, but for China's stock and property markets have formed pressurizing the encirclement. Moreover, if a worldwide outbreak of sovereign debt crisis, governments have no money, may be friction will be more serious, the Earth may face a variety of private or public threat of war.
the rise of trade protectionism and the international friction intensified, competition for resources, especially petroleum resources, the struggle will be more intense, and if so, the world economy change may lead to second bottom strange, especially in countries faced with rising asset prices had to withdraw after the stimulus, then the fragile economy will show itself eventually. Thus, it is on the A-share market is not a good thing.
complex economic situation and policies of the swing makes the A-share market swings intensified. because of the economic situation of the ghost-like instability, then the national policy is also wavering wavering precisely these policies exacerbated the economic swing uncertain. Although the United States raised the discount rate does not mean that after the tightening of policy, said that China also claims that raised the reserve ratio twice does not mean tightening of liquidity, but the market did feel the pressure from the financial side. Moreover, neither the U.S. and China, the shadow interest rate seems to dive down at any time.
the People's Bank of China Deputy Governor Su Ning said here on 4 May, raising the deposit reserve ratio to tighten liquidity does not mean that China will continue to implement moderately easy monetary policy, interest rates and other monetary policy tools will be used in the most appropriate time. But reporters pressed the recent central bank rate hike in the end how much, but Suning has been laughed off the question. The United States raised the discount rate, the Fed In a statement, said, and choose to raise interest rates, IMF expressed concern in developed economies,cheap UGG boots, warned countries not to raise interest rates in Australia to follow suit. These events linked to think about it, the current policy and the economy is not very strange? its economy more unstable and policies variable for the market is not only swing it?
by considering all aspects, A-share market the recent market swings, the signal may be periodically adjusted, to draw the attention of investors. However, because changing China policy and the world is not living situation changes, we should try to do some short-term, long-term may be a bit dangerous, chronic stock market is the most horrible murder.
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