1. Lou Jiwei: Monetary policy still has a lot of room to cut interest rates and reserve requirements, and the fiscal deficit is best kept at 38%
It is the point of view put forward by him at the 10th 50-person wealth forum in Shenzhen. Think keep it at 38 percent is relatively stable, and there is no need for China to increase too much public investment next year, but the important thing is to increase general expenditure. The increase in general expenditure is mainly aimed at the fiscal tilt related to ensuring people's livelihood. After three years of the epidemic, although the people of our country have received major guarantees in terms of health, employment involution, consumption decadence, economic setbacks, boosting consumption, and protecting people's livelihood are also the top priorities. In such an environment, it is inevitable to increase fiscal expenditure, promote the upward development of real economy enterprises, and the people have more income, so that they can live and work in peace and contentment, expand consumption and boost the economy. Otherwise, it's all empty talk.
Second, the total financing of the primary market this week is about 995.4 billion yuan, an increase of 108 percent from the previous month6% medical health, advanced manufacturing and other hot spots.
The a** market will be very sluggish in 2023, and many investments** will turn to the primary market. And this level of the market in the medical health, advanced manufacturing and other tracks have received an enthusiastic response from capital. Because these tracks are also supported by the state, in the future IPO listing in the secondary market, there will be financial and financial support in terms of financial support, and the road to IPO will be very smooth. It can be seen that capital is running around when it sees the red light, and it is running hard when it sees the green light, and the ultimate goal is to obtain excess profits from the secondary market.
3. Subvert the three views!3000 points, 2900, 2800 defense of the battle of A-shares, bricks for the Shanghai Composite Index to correct the name, after the bricks calculated, the Shanghai Composite Index is far ahead of the world, 2 times ahead of the Dow, ahead of the S&P, ahead of the Nasdaq.
On December 21, 2023, 33 years after its establishment, the Shanghai Composite Index was at 2,918 points. The cumulative increase in 33 years is 28 times, and the CAGR is 108%, almost twice as much as the Dow. As of December 21, 2023, the S&P 500 closed at 4,746 points, up 474 times in 96 years, with a CAGR of 66%, and its long-term growth rate is only about 60% of the Shanghai Composite Index. By 14,963 on December 21, 2023, the Nasdaq had grown 149 times in 53 years, with a CAGR of 99%, still compared to the 108% should be low. In this way, 200 million shareholders of A shares, 600 million people are so happy!
Fourth, the bank cut interest rates, and the balance of Baole is broken!Since December 22, the four major state-owned banks, together with the Postal Savings, the Bank of Communications, and the China Merchants Bank, have lowered the interest rates on fixed deposits again, and the long-term fixed deposits have been more affected, with the annualized interest rates of three-year and five-year fixed deposits rising from 2 respectively2% and 225% down to 195% and 2%.
1.The 95% annualized interest rate is close to Yu'e Bao. I checked the latest 7-day annualized interest rate of Yue Bao, which is 1899%, which is lower than the three-year fixed deposit, but you should know that Yue Bao is compound interest, and fixed deposit is simple interest, which is calculated by saving 100,000 yuan for three years.
Bank deposit for three years (195% simple interest) interest: 5850 yuan.
The balance is stored for three years (1.).899% compound interest) interest: 5862 yuan.
Therefore, don't look at the 7-day annualized interest rate of Yu'e Bao, which is lower than the annualized interest rate of the bank's three-year fixed deposit listing, but the actual interest you get after compound interest is more, and Yu'e Bao is more valuable for investment from the perspective of yield.
Fifth, it's really funny!Experts have said that it is necessary to give priority to the recovery and expansion of consumption, and to change the viewpoint that expanding domestic demand means expanding investment.
Increase the implementation of tax and fee reductions for residents, and provide different consumption policies and services for different income groups. In fact, none of this is useful and will not solve the problem at all. Residents are now on low incomes and empty pockets. If they are all rich, who is not willing to spend.
If you want to completely change the status quo, you need to do your homework in the following aspects. First of all, try our best to do a good job in the ** and property market, and the assets of the vast majority of people, especially the middle class, are all set in this. Second, it is necessary to solve the problems of employment, education, and medical care, so as to fundamentally increase residents' incomes and solve their worries, so that everyone can dare to consume with confidence. In other words, there are several countries in the world that have not achieved free education and medical care