Category: Money tips Release Date: 2007-01-17
Index rose by 70%, the bull market coming. Cheered while, still want to think why the bull market will come? Standing height think a lot of things will be more clearly.
Behind the bull market is a profit-driven, but can not find the place for the purpose of foreign bank notes, see咱China's peaceful rise, and so a large number of flows, optimistic economic growth and the appreciation of the renminbi, especially in U.S. dollars multiplied by eight, to become incredibly yuan obediently. A further contrast to the stock shares, not Shanghai Nanjing Road, Tianjin Binjiang Dao, Chengdu Chunxi road price of children, but the wares spread out on the price of children. Think about it, the best half of U.S. dollars Baosteel together, the best China Merchants Bank have jointly less than a dollar in the United States to buy even a hamburger is not down, let alone with the HSBC, Citigroup's share price compared to the. This way of thinking will soon pass from the QFII domestic fund managers, began its money on the stock swept!
Look咱country. Bank deposits in more than 15 trillion yuan, and this is the stock market in Ngau Tau a dew, divert a portion of, or still more. What the money for? Although consumer awareness of ordinary people not strong, but also are reluctant to spend, but someday suddenly missing from food security to the Youyanjiangcu cloth, just like the stock market as a swept.
Banks are also tired much and feel uncomfortable carrying 15 trillion, residents to give interest on deposits, loans may not be able to go out back collected, how should I do?
GDP is also left scratching his head, due to appreciation of the renminbi and the trade friction, and then take a look at the tone of anti-dumping outside children, export the carriages of the children appeared to be little of the momentum; consumer short period of time to get up, housing, medical care, children go to school, 3 Mountain presses were afraid to spend money; then have to rely on investment-led, but the stimulation of investment funds where the money comes from?
GDP, the characteristics and almost 1998. At that time, the Southeast Asian financial crisis had led to a rapid decline in exports, the people to cover their wallets tightly, that is, not to consume. How to do? Economic growth, but also preserve its 8%, the result is an urgent introduction of a proactive fiscal policy, issued bonds engage in infrastructure construction to boost investment, from the Yangtze River dam, railway, highway to the national grain storage facilities --- are not afraid to spend money you do ? States with you to borrow money, and then for you to spend money.
But now it is a bit different: the fiscal policy has not been so positive, and infrastructure, of course, have to engage in the Olympic Games, roads are, but do not simply rely on bonds issued Buhang Le. Why? Because the state would also like to engage in new rural construction, they have to spend money. Since it is a "feed", the state of course, a portion of revenues for transfer payments, local spending is too much. The small number of children in rural areas can not, because in rural areas remain unchanged Buxing Le, rural discord, harmony咱cities can not do things out if farmers do not buy in the future urban laid-off even more numerous.
The new rural construction, there are many places to spend money, ports, roads, municipal services, utilities, mining ... ... how should I do? Relying on government bonds? But the bonds issued must also, though refinance old debt can be issued, such as steamed buns, like a drawer top of a drawer, but a long time, it becomes a deficit economy; Moreover, the amount of bonds, if issued too large, but also crowding out private capital formation would not conducive to the development of a market economy. So, can not be like in 1998, as you do not spend money, I'll spend.
How to do? Were encouraged to spend your own. So many Shier, normalized to a plot has, it is necessary to attract private capital to directly enter the capital market, buying stocks, buying shares through direct financing to support economic growth.
From this point that the bull market came just in time. More funds, the number and proportion of direct financing can be increased. If there is no bull market to raise the proportion of direct financing is not possible. Other hand there is a lot of the bull market be supported by the wealth of society, but the investment structure has changed --- as part of the bull market will move the stock market to go from bank deposits.
It is commendable, the current market, compared with the past, the sun a lot, but all efforts to contain the malicious provides means for misappropriating. Have the ability of enterprises to be able to melt the money, whether in public or a private placement to raise, no ability of enterprises can only go hungry, no on the ST, and then fail, they fend for themselves. So, the next bull market in stocks where there will be 100, there will be, under a money stock, and then fail, they become immortal (shares). Matthew had already appeared on the market.
Therefore, the bull market is the economic development of Heaven, but also the hearts and minds of economic construction. Is both a reflection of the objective world, but also contains the person's subjective initiative.
That is to say, the bull market has really come, and came just in time.
