加密贝姐
--
Today, two important meetings are taking place globally at the same time.
One is our two major meetings, where a series of goals for this year will be announced; the other is Trump's speech in Congress, discussing how he plans to proceed next. Both meetings have stirred the hearts of global investors, and so far, it looks all positive.
First, let's talk about the U.S. They have started to rescue the market. Last night, U.S. Treasury Secretary held a meeting with several major institutional leaders while sending positive signals to the market, finally stopping the decline of U.S. stocks.
However, the key point is that Trump’s speech today did not stir up trouble; although he addressed issues like tariffs, nothing was specified or raised. The market breathed a sigh of relief.
Trump also specifically mentioned the chip bill, saying he thinks this bill should be abolished. Because the chip bill was signed by Biden, providing hundreds of billions of dollars in subsidies for U.S. chip companies to develop in the AI sector, with the condition that these companies cannot cooperate with Chinese companies.
Goodness, now he wants to abolish it. Trump is both popular and specialized; he is truly a hidden comrade! However, he feels that since chip companies can make profits, why should they be subsidized? It’s unlikely to actually help China.
This month, there are several risks in U.S. stocks, one of the bigger ones being his speech today, which has now been dismantled, but there is still the Federal Reserve meeting coming up, and the key point is still to see Powell's attitude in his remarks.
Now let's talk about our situation, there are a few core data points:
First, the deficit rate is set at 4%. Previously, we mainly kept it at 3, marking the first increase in the deficit rate in recent years. To clarify, this indicates the government is willing to take responsibility, meaning they are willing to provide liquidity.
Second, the inflation data is set at 2%. It used to be 3, but now the monthly CPI is in the low single digits, making the target of 3 too far-fetched.
This adjustment of the target is a positive sign, indicating that the higher-ups have recognized the problems and are facing them head-on. This is a very significant positive.
Third, they will issue 1.3 trillion in special government bonds, which is slightly less than market expectations, but there is a point worth noting: they have issued 500 billion to support state-owned large commercial banks in replenishing their capital.
Rumors suggest they will rescue the banks, and this wave has landed. Why do banks, which make such large profits every day, still issue bonds? Because while banks are profitable, they also bear the significant burden of the real estate crisis. Rescuing real estate is too difficult, so it is better to support the banks as a backup.
One is our two major meetings, where a series of goals for this year will be announced; the other is Trump's speech in Congress, discussing how he plans to proceed next. Both meetings have stirred the hearts of global investors, and so far, it looks all positive.
First, let's talk about the U.S. They have started to rescue the market. Last night, U.S. Treasury Secretary held a meeting with several major institutional leaders while sending positive signals to the market, finally stopping the decline of U.S. stocks.
However, the key point is that Trump’s speech today did not stir up trouble; although he addressed issues like tariffs, nothing was specified or raised. The market breathed a sigh of relief.
Trump also specifically mentioned the chip bill, saying he thinks this bill should be abolished. Because the chip bill was signed by Biden, providing hundreds of billions of dollars in subsidies for U.S. chip companies to develop in the AI sector, with the condition that these companies cannot cooperate with Chinese companies.
Goodness, now he wants to abolish it. Trump is both popular and specialized; he is truly a hidden comrade! However, he feels that since chip companies can make profits, why should they be subsidized? It’s unlikely to actually help China.
This month, there are several risks in U.S. stocks, one of the bigger ones being his speech today, which has now been dismantled, but there is still the Federal Reserve meeting coming up, and the key point is still to see Powell's attitude in his remarks.
Now let's talk about our situation, there are a few core data points:
First, the deficit rate is set at 4%. Previously, we mainly kept it at 3, marking the first increase in the deficit rate in recent years. To clarify, this indicates the government is willing to take responsibility, meaning they are willing to provide liquidity.
Second, the inflation data is set at 2%. It used to be 3, but now the monthly CPI is in the low single digits, making the target of 3 too far-fetched.
This adjustment of the target is a positive sign, indicating that the higher-ups have recognized the problems and are facing them head-on. This is a very significant positive.
Third, they will issue 1.3 trillion in special government bonds, which is slightly less than market expectations, but there is a point worth noting: they have issued 500 billion to support state-owned large commercial banks in replenishing their capital.
Rumors suggest they will rescue the banks, and this wave has landed. Why do banks, which make such large profits every day, still issue bonds? Because while banks are profitable, they also bear the significant burden of the real estate crisis. Rescuing real estate is too difficult, so it is better to support the banks as a backup.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
