central bank digital currency and monetary policy

Second, the expansion of personal pension fund products, which was implemented nationwide on the 15th, boosted market confidence.These are the favorable directions of policies. On Tuesday, the market went up. In recent days, domestic demand has soared. Today, consumption is an emotional outbreak, indicating that the next favorable policies are mainly around these, and the funds are expected to start speculation in advance.The amount of more than 1.5 trillion is enough to maintain the continuation of the slow cattle market;

The high probability that bears dare not smash the market is also worried that there will be policies that exceed expectations. Some bulls have obviously begun to enter the game.The expansion is mainly included in the national debt or index products, but for the capital market, this is trillions of incremental funds. Although more index products are invested, the index constituent stocks also benefit, and the long-term major weight indexes also benefit. Therefore, it is also very likely that the index will go out of a stable upward trend in the later period.Therefore, before the benefits are cashed, it is still impossible to talk about the time to ship.

Third, the results of the heavy meeting have not yet landed, and the bears dare not smash the plate easily.First, the stability of the exchange rate market. Recently, the RMB exchange rate is relatively stable, which has a positive impact on China's asset prices;Many people not only failed to act, but also sang bad songs there. Is it true that the final fund speculation will be shipped, and they will chase after it?