Seven arrows pierce the clouds, and a thousand troops and ten thousand horses come to meet. In my previous post, I talked about the simultaneous launch of seven swords, and now let's discuss three more super expectations:
The first super expectation: The heads of three financial departments, organized by the highest administrative body, appeared on the same stage to release good news during trading hours, which is absolutely beyond expectations. Over the past decade or so, financial regulatory agencies have followed the principle of not interfering with the market, basically releasing news after the market closes and on weekends. This press conference, held during trading hours, is indeed rare.
The second super expectation: So many heavyweight policies were released together, showing from inside out the determination to stimulate the economy, boost real estate, and maintain the stock market. This is by no means a level of administrative resources that a single department can mobilize. The seven major policies are also full of substance, with planning beyond expectations, combination beyond expectations, and big moves beyond expectations.
The third super expectation: All the policies released this time are full of substance. Although the discussion on the stabilization fund is still ongoing, the central bank's creation of a new financing mechanism, and the mortgage financing and stock increase by insurance companies, securities firms, fund companies, and listed companies, 500 billion + 300 billion, followed by 500 billion + 500 billion, the underlying implication can provide ample ammunition for long-term funds for long-term investment, which is beyond expectations.
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Under the stimulus of these super expectations, the Shanghai Composite Index soared by 4.15% in one day, rising by more than 110 points. The trading volume of the entire A-share market is nearly a trillion. A big positive change can change beliefs.
With these three super expectations, everyone may understand that it could have been a press release over the weekend, but now it is so grand, what does it indicate? You figure it out for yourself.
Some people worry whether the market is a one-day tour. If there is a pullback, you should be grateful for the market giving you an opportunity to get on board. I have been emphasizing recently that the market is really cheap, it just lacks money. Look, the money is coming; you have also seen the determination of the higher-ups. With the continuous interest rate cuts by the Federal Reserve in the future, there is still room, and they will keep pulling the economy up until it is lifted. In the internal activities of the Growth Club, I have repeatedly emphasized the importance of cherishing the opportunity below 2800 points. If your bear market thinking is still in inertia, you must hurry up and change it.