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财政政策

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Interpretation of A-shares after the Ministry of Finance press conferenceAfter the A-share market's overall correction after the National Day holiday, the focus has recently been on the Ministry of Finance's press conference last Saturday. We interpret this based on some data and market conditions. First, we quote the survey report of Huatai Fixed Income on October 12: Most people believe that the lowest point of the Shanghai Composite Index within three months is between 3100 and 3300, and the highest point is between 3200 and 3600. The number of people who are bullish and volatile is evenly divided, and most people agree that the press conference is in line with expectations. After the A-share market opened on October 14, the market situation clearly matched the questionnaire results. Why is it going this way? The market was brewing after the National Day holiday, and on October 8, it formed a short-term top of 3674 with high trading volume, and a large number of locked-in orders gathered above. This is regarded as a stage high point.

Interpretation of A-shares after the Ministry of Finance press conference

After the A-share market's overall correction after the National Day holiday, the focus has recently been on the Ministry of Finance's press conference last Saturday. We interpret this based on some data and market conditions.
First, we quote the survey report of Huatai Fixed Income on October 12:

Most people believe that the lowest point of the Shanghai Composite Index within three months is between 3100 and 3300, and the highest point is between 3200 and 3600.
The number of people who are bullish and volatile is evenly divided, and most people agree that the press conference is in line with expectations.

After the A-share market opened on October 14, the market situation clearly matched the questionnaire results.

Why is it going this way?
The market was brewing after the National Day holiday, and on October 8, it formed a short-term top of 3674 with high trading volume, and a large number of locked-in orders gathered above. This is regarded as a stage high point.
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🚨 Musk warns: Government spending may lead to national bankruptcy!💸 Elon Musk responded to a netizen on social media X, saying in a post about federal government spending, "Federal government spending will bankrupt the country unless action is taken to cut government spending, rather than simply imposing high taxes on the rich. This is also the main cause of inflation!" The tech giant's outspokenness once again triggered a discussion about government fiscal responsibility. It is reported that the current US national debt has exceeded 35 trillion US dollars. Economists have previously stated that based on the interest rate before the rate cut, the US national debt has generated up to 1 trillion US dollars in interest every 3 months, which is undoubtedly a huge fiscal pressure, causing investors to express concerns! There are other views that if the US economic policy is not handled properly, this "time bomb" may detonate the global financial system at any time. However, it is worth noting that there have been news reports that if Trump is elected, he will consider letting Musk lead a government efficiency committee to focus on reviewing government spending. If this becomes a reality, does it mean that we are about to see some major fiscal reforms in the US government? 💬 What do you think of Musk's views on US government spending? How do you think the government should balance its budget and reduce waste? If Musk does lead the government efficiency commission, what changes do you expect to see? #马斯克 #政府开支 #财政政策 #美国国债 #35万亿
🚨 Musk warns: Government spending may lead to national bankruptcy!💸

Elon Musk responded to a netizen on social media X, saying in a post about federal government spending, "Federal government spending will bankrupt the country unless action is taken to cut government spending, rather than simply imposing high taxes on the rich. This is also the main cause of inflation!" The tech giant's outspokenness once again triggered a discussion about government fiscal responsibility.

It is reported that the current US national debt has exceeded 35 trillion US dollars. Economists have previously stated that based on the interest rate before the rate cut, the US national debt has generated up to 1 trillion US dollars in interest every 3 months, which is undoubtedly a huge fiscal pressure, causing investors to express concerns!

There are other views that if the US economic policy is not handled properly, this "time bomb" may detonate the global financial system at any time.

However, it is worth noting that there have been news reports that if Trump is elected, he will consider letting Musk lead a government efficiency committee to focus on reviewing government spending. If this becomes a reality, does it mean that we are about to see some major fiscal reforms in the US government?

💬 What do you think of Musk's views on US government spending? How do you think the government should balance its budget and reduce waste? If Musk does lead the government efficiency commission, what changes do you expect to see?

#马斯克 #政府开支 #财政政策 #美国国债 #35万亿
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