A Shares Are Not Running High.

Usury

In 1980s, America's "high running" originated in Texas, because of the property market.

High running is a virtual game, but this kind of "high running" before the race will become an example for others. Suppose another old savings and loan association is called "stagnant water pool". As the name suggests, the "stagnant water pool" company is not conservative and enterprising, so the shareholders will not be satisfied. The management of the company must be innovated and rectify. Therefore, the "stagnant water pool" company also begins to borrow money from the Federal Home Loan Bank. It also sells large deposit certificates and deposits. It also looks for the Wall Street elite to be a consultant. The loan is also a developer who lends money to pay interest to build office buildings, apartment buildings and shopping centers. Above "

As a result, asset price bubbles also burst, and the "stagnant water pool" company has been destroyed for decades, and has embarked on the "high running" road.

In 1980s, it was the era of high inflation, high interest rate and low growth in the United States. During this period, the "high running" of the United States had also seen great potential. During the same period, Peter Lynch once suffered from serious depression. But at that time, the US stocks had not yet run high, so the stock market bulls who suffered from depression were finally ushered in the golden years of the US stocks in 1990s, and the "high run" of the US stocks finally occurred at the turn of the new and old century.

More than 20 years ago, the American version of "high running" is now the "high running" front car of the domestic version, and now A shares are no "high running" as opposed to the US stocks in 1980s. On the contrary, the phenomenon of "low increase" of large shareholders' holdings at low prices is gradually becoming a climate. Not only are there four major lines that symbolize the "national team" Huijin, but also Baosteel, China coal energy, Changjiang Electric Power, China Petroleum, conch cement, Shenneng shares, Qingdao Haier, Sichuan Changhong and so on, and a large number of large company executives have increased their holdings. Therefore, A shares are worth watching.