Chapter 292 Canada cuts interest rates, and the European and American interest rate cut cycle officially begins
Last night's financial news:
1. Canada cuts interest rates.
Among the G7 countries, Canada cut interest rates as expected, from 5% to 4.75%, and stated that it would continue to cut interest rates in the future. Some institutions even stated that it would continue to cut interest rates by 75 basis points in the second half of the year.
Canada has a population of only tens of millions, so its interest rate cut is just an appetizer. Tonight, the EU's interest rate cut is the main course.
Unless there are unexpected events, the EU will cut interest rates as scheduled.
A new round of interest rate cuts in Europe and the United States has officially begun.
2. Harmony
It feels like this world is moving closer and closer to an unpredictable place, and is becoming more and more chaotic.
3. Japanese cars are collectively counterfeiting.
This is a bit weird.
Rather than saying that the Japanese regulatory authorities have a change of heart, I feel that it is the Americans who are waving their sickles behind the scenes and reaping the benefits.
As we all know, during this round of hyperinflation, the United States has been imposing trade barriers, and its domestic auto market has been divided up by Japan, the United States, and Germany. Moreover, with the collusion of the three parties, auto prices have been rising continuously, and they have made a lot of money. The profits of several Japanese auto companies have been rising steadily.
If you earn more, I will earn less, so naturally I will want to take back your share. And it just so happens that I have the leverage over you.
Previously, this is how Volkswagen’s “exhaust valve” was operated.
The economic base determines the superstructure.
In this round of global economic transformation, the success or failure of the automotive industry will be an important factor in determining future competition among major powers.
In this round of global automotive interests competition, my country has achieved a lane change and overtaken in new energy vehicles. The Americans are anxious and angry, and can only helplessly set up 100% trade barriers.
On the EU side, after several rounds of negotiations, the final result is expected to come out on July 4. As for Japanese and Korean car companies, due to being politically castrated, they have no say at all and no room for bargaining. They can only do what the big brother says.
If we say that this year is the first year of smart cars, smart cars have surpassed new energy vehicles;
Then, next year will be the end of joint venture cars and fuel vehicles.
The year after next will be the day when domestic car companies will go overseas in large numbers.
There are two types of car companies going overseas.
The first category is fuel vehicles that failed in domestic competition. Relying on the advanced domestic industrial chain, they use low prices to attack fuel vehicles from Japan, South Korea, the United States and Germany in the foreign market, struggling to survive and earn the last penny;
The second category is smart cars that have won domestic competition and, with their epoch-making concepts, go overseas to launch a dimensionality reduction attack on high-end cars in foreign markets.
As for the American market, it doesn't matter. Let them entertain themselves with their old fuel-powered cars.
The general trend of the world is vast and powerful. Those who follow it will prosper, and those who go against it will perish.
A fuel car is a feature phone; a smart car is a smart phone.
Imagine if there were a country that still used Nokia feature phones and was isolated from the global market. What would you think? What would its citizens think?
As for the EU market, we will most likely enter through a reverse joint venture to achieve interest bundling and sharing with local groups, just like when we exchanged markets for technology.
However, the apprentice has now become the master, and the master has become the apprentice. (The once-luxury BMW is now 50% off in China; Cadillacs are buy-one-get-one-free.)
The business world is like a battlefield. If you fall behind, you will be beaten. This is an eternal truth.
4. This year, 101 companies in the A-share market have been delisted.
In the past, there were crazy IPOs but very few delistings.
Now, there is a crazy trend of ST delisting and very few IPOs.
My lord, times have changed.
5. As the price of piglets increases, the price of live pigs also continues to rise.
It is said that in this round of price increases, the price of piglets has increased by 50%, and the price of live pigs has risen to 19 yuan per kilogram.
Many people are shouting that the "pig cycle" is coming.
But, I always feel that it is still a little bit lacking.
Therefore, I am cautious and skeptical about this so-called "pig cycle" and will not get involved in it at all.
Today's market:
The market is like a little girl, when she gets nervous, no one can predict it.
The market opened at 3069.44 points today, but with Canada's interest rate cut yesterday and the expectation of an EU interest rate cut today, non-ferrous futures rebounded sharply and strong cyclical stocks took advantage of the situation.
At the opening, gold, copper, kerosene, nonferrous metals and shipping all surged. After a slight decline, the shipping sector took the lead. COSCO Shipping Special rose by more than 8%, COSCO Shipping Holdings rose by more than 5%, Shaanxi Coal Industry, Zijin Mining, Luoyang Molybdenum Co., Ltd. and China Petroleum all rose by more than 2%.
However, at this time, the market had turned green without anyone noticing.
Countless investors stared at the Shanghai Composite Index with their hearts in their throats. The JisiLu thermometer had dropped to 5.25 degrees, and the entire market was pessimistic.
"It's already hit 3055 points. It's not going to break 3000 points. Is there really going to be another battle to defend 3000 points?"
"Wow, wow, wow, everything I buy loses money, everything I sell rises. When will these lame A-shares ever be able to perform like the US stock market?"
"Patience, everything will turn into its own, it will rise."
"Nonsense! You've been saying this for three years. Do you believe it?"
Old Chen was also a little worried, and his heart was in turmoil.
Li Feng pointed out:
"Old Chen, the current market index is around 3,000 points, which is not high, especially since market sentiment is quite pessimistic. This actually shows that market risk is relatively low. What we really need to be vigilant about is when the market index rises and market sentiment becomes extremely optimistic."
"We need to be optimistic in pessimism and pessimistic in optimism."
Q&A with stockholders:
"User 20961473": Will the implementation of the interest rate cut cause commodities to fall first and then rise?
No one knows this short-term trend.
But my personal judgment is that commodities will likely continue to rise in the future.
"Chen Xiaotian": Use your pocket money to invest first, you can play with technology and value, spend it casually, and accumulate experience first.
Yes, no matter what we do, it is easy to know but difficult to do.
Especially when it comes to investing, or stock speculation, transparency is like gambling in the stock market. Even if you have more than ten years or even decades of investment experience, you will frequently step on landmines, because stock speculation is about expectations and the future, and the future is unpredictable.
Humans are not gods and do not have the ability to predict the future, so they are naturally prone to failure and will take on various risks.
Veterans simply reduce the risk to a certain level by choosing to buy stocks at the right time and price, taking reasonable risks, and making big profits when they make money and small losses when they lose money, thereby achieving overall profit.
Europe and the United States have finally started a cycle of interest rate cuts, and stock friends have breathed a sigh of relief. They have clicked on the reminder for updates and received a free gift for love.
Your support is my motivation to update.
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