As expected, the A-share market fell.
This meeting of the NDRC is like all the policies since 🐷 came to power. They change their mind every day. Today they say something is good, tomorrow they say it is bad. Governing the country is like making pancakes, turning over and over again.
Of course, this meeting can also illustrate a problem: they know exactly what they are doing. They are really bad to the core and have no bottom line.
(ps: The policy is already very clear, and the next question is what "method" to use to harvest. Is it a direct waterfall, or a shock to lure more...)
Civil servants in various places can't pay their salaries, and the GDP target of 5% seems to be unattainable. There are big problems in the economy and finance... This is what makes it really angry.
But the previous fines and confiscations were too slow to grab, so they first borrowed the term "Federal Reserve rate cuts", which retail investors inside the wall have never heard of and are unlikely to understand, to endorse themselves. (Because they also know that they have no credibility and no one believes what they say) On this basis, they come up with a bunch of policies that ordinary people can't understand
At the same time, let many big Vs interpret and analyze, and predict how many points in the future... In this way, the leeks really believe it and take out their own money... Alas, there are too many people who lack financial knowledge
In a nutshell, the purpose of all policies is only one, to prolong the political time. 🐷I only care about the political situation when I am alive, and I don't want to be liquidated like Gaddafi and Saddam. It doesn't care how many people will be broken up and separated because of its own selfish desires.
🐷I don't care about the flood after its death.