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US Debt "Kidnapping" Global Economy &Nbsp; Bruising A Share Market

2011/7/29 13:14:00 32

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US Debt Kidnapping Global Economy Bruise A Shares

The deadline for August 2nd is close, but the most costly negotiation in history is the United States.

debt

The ceiling talks remain stagnant.

The "magic spell" on the head of the global economy once again dampened the A share market.

Yesterday, the A share market showed a sharp opening pattern.

Among them, the Shanghai composite index opened at 2701.77, and opened 21.72 points below.

At the close, the Shanghai Composite Index fell 0.54% at 2708.78 points, while the Shenzhen stock index closed at 12085.92 points, down 0.26%.

The two cities of Shanghai and Shenzhen traded 90 billion 450 million yuan and 79 billion 580 million yuan respectively, both contracted in the previous day.

The disk shows that China's oil stocks still have something to do.

One

The rapid rise of the stock market ended with a 0.56% rise, which is the three straight rise in the stock market.

During the injury season, its intention to rescue is very obvious.

In contrast, another weight plate bank shares appear to be ineffective.

CITIC Bank rose only 0.23% yesterday, and ICBC and Construction Bank fell 1.87% and 1.06% respectively.

The impact of bank stocks dragging the market is very obvious.

Societe Generale, Bank of communications, China Merchants Bank and several other bank stocks have hit a new low throughout the year.

In addition, Yangquan coal and other coal shares and Yiling pharmaceutical, Longyuan technology, Xinwei communications and other new shares and new shares have gone out of a relatively active trend, indicating that market funds are still looking for the direction of weakness.

Whether these trends will become the energy of short-term stabilization in the market is worth paying attention to.

This Monday,

Shanghai

The index plunged 2.96%, and the heavy EMU incident directly hit the nerves of the A share market.

But on the following trading day, the stock index struggled to rebound, maintaining a contention at 2700 on 3 consecutive days.

Analysts believe that although the psychological damage caused by EMU to people will be long-lasting, the A share market is gradually digesting the negative effects brought about by it.

In the medium to long term, debt is the dominant force in the market.

The debt crisis highlights the decline in trust in global banknotes, which not only exacerbates the escalation of inflationary pressures, but also leads to continued tightening of policy, which restricts the upward trend of A shares.

For the moment, the EU is launching a new round.

assistance

After the Greek plan, the euro was stimulated by a strong rebound.

But when the European debt has not really begun to usher in the dawn, investors are worried that the US debt default is pressing harder, pinching the nerves of the market.

In August 2nd, the deadline for US Treasury bonds to rise was $14 trillion and 290 billion.

According to the US Treasury report, as of May 16th this year, the federal government has reached a "legal debt ceiling" of $14 trillion and 290 billion in debt.

Once the deadline fails to raise the national debt ceiling, the possibility of US Treasurys default will be great and sovereign credit will be downgraded.

Last Saturday, the US Senate voted against 51 votes against 46 votes, and rejected a government deficit reduction plan approved by the house of representatives to raise the upper limit of US Treasury bonds.

Affected by this, US stocks closed down for third consecutive trading days on Tuesday, the Dow Jones Industrial Average fell 91.50 points to 12501.30 points, or 0.73%.

US debt has become an increasingly serious foreign invasion of A shares.

China holds a large amount of US debt, and the US debt is not easy for US stocks, and it often causes A shares to be good.

Therefore, whether the US debt problem can be solved is not only a matter of financial security in the United States, but has actually "kidnapped" the global economy.

As a result, the global stock market, including A shares, is increasingly worried about the failure of the US debt ceiling negotiations, which led to the "vote".

No stock market wants to suffer the same financial crisis as in 2008.

Then, the United States has raised the debt ceiling 11 times in the past 10 years. Is there any accident this time?

Founder Securities believes that in view of the United States International

Economics

The US will soon have contingency plans to appease market panic and the possibility that US Treasuries will be at risk of default.

And raising the debt ceiling in batches is likely to become a US response.

Because this can avoid default risk, two can extend the time to solve the problem in disguise.

The current stalemate will not block the recovery of the US economy, and the dollar is unlikely to fall sharply, which is still stronger than the euro for a long time.

However, in the long run, raising the debt ceiling is only a temporary solution. The solution to this problem is to reduce the pressure of debt by reducing the deficit through real economic growth.

In fact, the essence of the US debt crisis is that the US federal government debt has reached the statutory ceiling.

If the legal ceiling is not raised, US Treasury bonds will default.

In any case, the US debt default is not in line with the interests and Strategies of the United States.

Analyst Zhu Lizhong believes that if the US debt problem is favorable, the global stock market is expected to rebound.

Of course, the US debt crisis is not clear and the stock index is hard to perform well.

Therefore, in the short term, in the shadow of the possible default of US debt, A shares are even less likely to rebound even though they are likely to rebound.

Whether the US debt limit can be successful, the US dollar will continue to depreciate, and investors can maintain proper attention to colored resources stocks.