It seems that the central bank's "large money release" this time has triggered a lot of discussion, and the leeks are so excited. Since you all want to listen to my middle-aged Kay talk, let's start to criticize-
### Exchange rate
Does the RMB want to appreciate? Don't dream! This sharp rise is purely supported by magic. Taking advantage of the opportunity of the US interest rate cut, a large amount of liquidity was withdrawn, which directly caused the offshore RMB market to experience a wave of extreme pull-ups. But don't be too happy too soon. The RMB is between 6.95-6.9. If it goes higher, it will basically be a rhythm of "pulling the pendant and running away."
### Stock market
What's going on? I see A shares going up again? I have been saying since I started writing mirror that this wave of rebound is a great opportunity for gold diggers to escape. This time the policy is to turn all your bank deposits into food for stock speculation. Wait for a mess-most likely a week after the National Day. Huijin has taken a lot of chips below 3,000 points, and those are all for you to take over. When the time comes, "this is how the leeks and chickens are cut off." Now many people are calling for 4,000 or 5,000 points? How stupid or bad would you be to worship such a person as your teacher? !
### Property market
Let's talk about the property market again. Gold diggers, do you still remember the soaring housing prices in 2016-2017? That was caused by the monetization of shantytown renovation and price increases to reduce inventory. The big money release in 2019-20 made the housing prices jump a bit, but have you seen it now? The housing prices in places like Shenzhen and Hangzhou have basically fallen back to the level of 2016-2017, which are all bubbles caused by leverage! Shanghai and Beijing are better, but they are still at the level of 2018-2019. I judge that Shenzhen and Hangzhou may retreat to 2016 years ago, while Shanghai and Beijing may retreat to 2016-2017 before they stabilize.
This "big money release" and unanchored printing of money have broken the bottom line set that year. If the money continues to be released without limit, then only one of the exchange rate and the stock market/property market can be protected.
### Investment advice
1. Don't buy houses by speculating in stocks
2. If you have a way, convert RMB into US dollars, or invest in US dollar assets
3. If you have no other choice, buy physical gold in China to avoid RMB exchange rate risks and fight against geopolitical risks
Everyone should keep their eyes open, watch their wallets, and don't be easily led by the rhythm. This wave is not a joke, and it is easy to lose everything.
#RMB#A-shares#housingmarket