#TRUMP晚宴 , but next there will be a Federal Reserve meeting, and the key point is still to look at Powell's tone of speech.

Next, let's talk about our situation, there are several core data points:

First, the deficit rate is set at 4%. Previously, we were primarily at 3, marking the first increase in the deficit rate in recent years. To explain, this means the government is willing to take responsibility, which means they are willing to inject liquidity.

Second, the inflation target is set at 2%. Previously it was 3, but now the monthly CPI is around 0.x, 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. This is a very significant positive.

Third, the issuance of 1.3 trillion in special government bonds, which is slightly less than the market expectation, but one point worth noting is that this time 500 billion was issued to support state-owned large commercial banks in replenishing their capital.

There are rumors that this will save the banks, and this wave has landed. Why do banks need to issue bonds when they are making such large profits every day? Because although banks are making money, they are also burdened with the huge risk of real estate. Saving the real estate sector is too difficult, so it is better to protect the banks as a backup.