$TRUMP , but next there will be the Federal Reserve meeting, and the key is still to see Powell's attitude in his speech.

Let's talk about our situation, there are a few core data points:

First, the deficit rate is set at 4%. Previously, we have mainly been at 3, which is the first time in recent years that the deficit rate has been increased. Just to explain, this means the government is willing to take responsibility, which means they are willing to inject liquidity.

Second, the inflation data is set at 2%. Previously it was 3, but now the monthly CPI is in the range of 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 very positive news.

Third, the issuance of 1.3 trillion special government bonds, which is a bit less than the market expected, but there is one point worth noting, this time they issued 500 billion to support state-owned large commercial banks to replenish capital.

There are rumors of rescuing the banks, and this wave has landed. Why do banks, which are making huge profits every day, still need to issue bonds to them? Because although banks are profitable, they also bear the huge burden of real estate. Rescuing the real estate sector is too difficult, so it is better to support the banks as a backup.