Just after the Mid-Autumn Festival, the first interest rate cut in four years is finally coming. The interest rate meeting at 2 a.m. on the 19th and Powell’s press conference at 2:30 a.m. are expected to be a sleepless night. The interest rate cut means an increase in liquidity in the global market. Whether it is A-shares, gold or the currency circle, it is a great benefit. However, whether it is a 25 basis point cut or a 50 basis point cut is particularly important. The suspense is full. I hope it is 25 basis points, which is more conducive to the subsequent market.
So after the interest rate cut, more people are concerned about whether there is spring for cottages? Will there be a cottage season? You can see that most cottages have fallen back to last year or even lower levels. Now the AHR999 index is approaching the bottom. I think the market has entered the stage of holding currency, and the recovery is about to begin.
