• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    The Impact Of Prudent Monetary Policy And Stock Market Effect On Us

    2015/10/17 16:48:00 35

    Prudent PolicyMonetary PolicyStock Market Effect

    Good media often make unprofessional interpretation of the PBC's monetary policy measures.

    The latest jokes are that the pilot of the people's Bank of China's credit assets remortgage loan is regarded as the Chinese version of the quantitative easing QE, and 7 trillion of the funds are draining. This also shows that investors are highly concerned about China's monetary policy measures, and hope to understand the specific objectives of the central bank's monetary policy measures and its impact on the economy, especially the stock market.

    I understand from the professional point of view that the current monetary policy of the people's Bank of China is moderately relaxed under the premise of a robust framework. This kind of monetary policy is fully consistent with the current economic situation.

    Stock market

    Advantageous.

    Now these two conditions are all available, and the government's intention to do more is more urgent than that of investors. More than ten thousand billion rescue funds are set in the stock market.

    At this point, do not rush to make a stock market quotation, wait for when, and wait for 2850 double bottoms? This may not be realistic in the fourth quarter of this year.

    First of all, China must stick to a prudent monetary policy.

    Generally speaking, there are two prerequisites for a country to implement loose monetary policy: first, the financial system crisis, such as the collapse of a large number of bank financial institutions; secondly, the economic downturn has led to a substantial increase in the unemployment rate.

    Although China had a previous stock market crash, it did not spread to the overall financial system crisis.

    In addition, although China's economy has declined, it has been relatively stable, and there has been no mass unemployment, compared with the US, European and Japanese economies.

    growth rate

    It is also in the middle and high stages.

    The current economic and financial situation determines the deepening of reform, and the most appropriate way to promote pformation and sound monetary policy.

    Therefore, each time the people's Bank of China lowered its interest rate and cut interest rates, it announced that prudent monetary policy remained unchanged.

    Secondly, moderate easing in the framework of prudent monetary policy reflects flexibility and pertinence.

    In the three quarter, the people's Bank of China released data. In the first three quarters of this year, new loans increased by 9 trillion and 900 billion, an increase of 14.9% compared with the same period last year, and the money supply increased by 13.1% compared with the same period last year. In September this year, new RMB loans increased by 1 trillion and 50 billion yuan, a record high in the same period.

    The above data fully reflect the moderation of inclusions.

    The standard neutral monetary policy is generally the increase in money supply or credit scale, which is equal to the increase of GDP and the increase of prices.

    So far this year, the sum of China's GDP plus price is hard to exceed 10%, while the supply of loans and credit has increased by more than two and 3 to 4 percentage points.

    This amplitude exceeds the average amplitude of previous years, and it is a specific measure to increase financial support for the real economy.

    From this perspective, the whole society's capital and liquidity are relatively loose, and the economy, entity and stock market are not short of money.

    Third, at present

    monetary policy

    It's very good for the stock market.

    First, a large number of funds can not digest the real economy, resulting in lower interest rates in the money market. The yield of financial products and the yields of treasury bonds are all low. The rich individuals and enterprises have difficulty in capital allocation and lack of allocation. Some of them will inevitably return to the stock market. Secondly, the people's Bank of China, the Banking Regulatory Commission and the securities and Futures Commission have not issued any documents that prohibit bank funds from entering the stock market while clearing the off-site funds. This means that some of the credit funds can enter the stock market through legal channels.

    How can management prohibit bank capital from entering the stock market? This is the basis for the bull market in the stock market from last year to May.


    • Related reading

    China'S Fortune Global Second Is A Kind Of Killing.

    Macro economy
    |
    2015/10/15 18:07:00
    14

    投資風向標:反彈不會一蹴而就

    Macro economy
    |
    2015/10/14 20:04:00
    17

    Whether The Central Bank Can Release Water Successfully Depends On High-Risk Assets.

    Macro economy
    |
    2015/10/13 19:07:00
    19

    How Much Does The Central Bank'S Credit Assets Plunder Seven Trillion?

    Macro economy
    |
    2015/10/12 16:29:00
    30

    Goldman Sachs Definition: Flat Is Up.

    Macro economy
    |
    2015/10/6 16:09:00
    22
    Read the next article

    Why Do We Say &#34? Autumn Grabs &#34; The Market Will Come Up?

    The biggest advantage of the autumn grab market is that the stock index futures short term function that has long suppressed the stock market has been basically abolished. All investors, if they want to make profits in the stock market, have to do more than one way through stocks.

    主站蜘蛛池模板: 亚洲av无码专区在线厂| 日韩在线视频不卡| 日本免费网站观看| 在线观看精品国产福利片87| 国产亚洲精品aa片在线观看网站| 久久综合狠狠综合久久综合88| 99国产精品久久| 色天天综合色天天碰| 欧美人和黑人牲交网站上线| 好叼操这里只有精品| 国产中文字幕免费| 久青草国产97香蕉在线视频| 日本猛妇色xxxxx在线| 欧美视频亚洲色图| 天天看片日日夜夜| 四虎国产精品永久在线播放| 亚洲欧美日韩中文字幕一区二区三区 | 国产成人精品久久综合| 亚洲美女自拍视频| 三个馊子伦着玩小说冫夏妙晴| 紧扣的星星完整版免费观看| 日韩a一级欧美一级在线播放| 国产精品亚洲片在线观看不卡| 伊人222综合| yy6080久久亚洲精品| 翁与小莹浴室欢爱51章| 成人免费观看一区二区| 国产一区二区视频免费| 久久夜色精品国产亚洲AV动态图| 2019国产麻豆剧传媒视| 火车上荫蒂添的好舒服视频 | 欧美挠脚心tickling免费| 天天爱添天天爱添天天爱添| 亚洲精品视频在线观看视频| 1000部啪啪未满十八勿入免费| 曰韩无码二三区中文字幕| 国产欧美日韩一区二区加勒比| 久久久久免费精品国产小说| 精品国产一区二区三区不卡| 成人动漫在线观看免费| 亚洲综合精品伊人久久|