This week, ** fell below 3000 points again, and once again hit a new low**, it can be said that market confidence has been hit hard, and not many people still believe it**.
On the **, the northbound funds have outflowed sharply, with a net outflow of more than 10 billion, a new high in a single day since a month and a half, and there is no suspense to fall, the CSI 300 index has hit a new low in more than 3 years.
At such a time, it is a matter of life and death again. And there are several main reasons behind it. The first is that our CPI is not as good as expected.
The CPI in November turned negative, falling by 05%, which is the lowest time in more than a decade, the market is finally starting to worry about the deflationary situation, worried that consumption will not rise at all. At this point, from the top of the list, the consumer sector has become the main force of smashing, Moutai has fallen by nearly 3%, and Luzhou Laojiao has fallen by more than 5%. The recent collapse of the liquor sector can be described as a whole.
In addition, our stimulus policy has been suspended for more than a month, and judging by the signals released, large-scale stimulus is basically impossible. This was a great disappointment to the market.
I think that at present, we should introduce more significant stimulus measures to reverse macroeconomic and high expectations, otherwise in this case, everyone will not invest and consume, forming a negative cycle, and GDP growth will be lower and lower.
At present, foreign macro and policy can not be counted on, and the only thing we can rely on is ourselves. It's time to blow up the bears, otherwise if confidence is completely lost later, the effect of stimulus will be minimal.