Recently, major asset classes have fluctuated dramatically. Take COMEX ** as an example, it hit 2152 intraday on December 4The $3 ounce has since fallen sharply after an all-time high, falling to 2037 on December 5$90 oz.
For such a "roller coaster" trend, market divergence began to appear, and some views believe that the bearish pressure of ** still exists;The other part believes that the bullish probability of ** is higher, and Hong Hao belongs to the latter.
In fact, before the current round hit a new high, Hong Hao publicly said, "The interest rate differential between China and the United States, the long-term interest rate of the United States, the deficit, and the RMB exchange rate are all closely related." The larger the U.S. deficit, the higher the yield on the corresponding 10-year Treasury bonds, the wider the interest rate differential between China and the United States, and the relatively weak RMB exchange rate. But what is different about this round is that **out of a wave of independence**. Although the dollar is strong and real interest rates are high, it is still stuck at a high level of $2,000. The reason behind it is also very simple, behind the sharp rise in U.S. bond yields is actually the decline of U.S. credit, which is essentially a credit premium. ”
Hong Hao further said, "At this time, as the US dollar's ** indicator or antithetical indicator will remain strong, and we believe that in the next year or two, ** will continue to hit new highs." ”
So, apart from **, which types of assets will perform strongly in the future?And how long can it last?
In this regard, *Market Weekly has planned "The Bottom and the Dawn - 2024 Investment Strategy Conference", inviting five well-known domestic economists or institutional investors including Hong Hao to jointly find the best investment opportunities in China's capital market in 2024. At 19:00 on Monday evening, December 11, lock in the ** number - "Market Weekly Market Number" and watch "Hong Hao: Economic and Market Outlook".