U.S. Economic Stock Market Outlook

Everyone is immersed in the Biden issue, but in fact, there is something else we

Tmarket 2024. 7. 22. 16:06
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Everyone is immersed in the Biden issue, but in fact, there is something else we should pay attention to.

Today, the People's Bank of China cut the LPR rate unexpectedly. Since the real estate market in China continues to be bad, wouldn't it be possible to do it once within the year? I've been thinking vaguely, but today, it suddenly came out.

Despite the unexpected rate cut, the Chinese stock market is falling today except for Hang Seng.  

What this means is that the real estate sector will benefit a little in the short term, but overall, concerns about a further decline in the value of the yuan reflect concerns that capital flight could accelerate.  

That's why investment sentiment is rapidly cooling down in eco-friendly sectors, including industrial sectors and batteries, which account for a high proportion of exports to China. If you don't have money, you can't even do eco-friendly scams. It's not just Trump's policy.

If you look at the 10-year-old yuan frame over there, it's now at the triple top of the crisis.

But will today's 0.1% cut really catch China's real estate market?

Yes, of course not. We'll have to do more.

Then, of course, the yuan will break the top of the 10-year triple top and go to level 8

Just then, the black swan that all the short-worms longed for will burst.

So don't buy an electric car without Tesla. If that happens, only Tesla will survive. Tesla can make a surplus without subsidies. The rest is impossible.

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