#山寨季何时到来？

Whether you are a newcomer or an old hand, the biggest question may be why there hasn't been a season of copycats like in 2021?

In fact, the situation is quite different. In 2021, we were in a period of full monetary easing by the Federal Reserve, with ample liquidity. Now we have just started to cut interest rates, and it will take some time before we see full monetary easing again. However, judging from the current state of the world economy, the pressure on banks is likely to reach its limit around January, at which point the market will inevitably have to expand its balance sheet.

That said, I still want to pour some cold water on everyone. Don't think that just because interest rates are being cut, you can easily make money. In fact, in 2021, there was only a broad increase of copycats in the first half of the year, while the second half was concentrated in popular sectors. Therefore, it is essential to focus on the right sectors in the second half of this round.