Many people say that this round of bull market is not as good as the previous bull market, and it is much worse than the previous ones.
Now the patience of retail investors is almost worn out, and the proportion of capital inflow is small.
Previously, large amounts of funds flowed out from American banks because of strict supervision, so you know, plus the sluggish environment this year, there are not many chips in hand.
Recently, there are few innovative things in the circle. Most of them are just the same old things. There are no new things with enough breakthroughs, which leads to the unsustainable money-making effect.
In this case, only when the interest rate is lowered and the liquidity of market funds increases, so that funds can flow into the market from more channels, the market can become active again.
Now the interest rate cut is certain, it is just a matter of time. We are optimistic about the fourth quarter. The rest is persistence.
