Financial Point Of View: Fed Gives Doping To Baby Bottom

In September 18th, the Federal Reserve decided to postpone raising interest rates.

In response, Li Daxiao, director of the British Securities Research Institute, said that when he was connected with the news network, it had played a stimulant for the stability of the "baby bottom", and the biggest unstable external factors of A share were temporarily removed.

"This is right.

It is positive because it was worried about the re - global assets.

Worried about the return of emerging market capital to the US.

Now this situation will not happen for a while. The pressure on A shares has eased, helping to establish the baby's bottom. "

Li Daxiao believes that, coupled with the recent policy to clean up the allocation of funds, A shares 2850 points of the baby's bottom is more solid.

For investors, "Diamond bottom, shiny, this is the point of attack; the top of the earth, heavy is the point of harvest; the bottom of the baby is tight, it is the point of rebound."

Li Da Xiao emphasized.

In addition, for

The impact of the recent three increases in interest rates on A shares has been noted by researchers that A bull market generally occurs in the US after 1-2 years of interest rate hike.

Li Daxiao believes that this is not necessarily inevitable. The logic of A shares entering Daniel city is rather complicated, mainly because internal factors dominate, and the low level of market valuation is the foundation.

For the future market, "I firmly believe that the baby's existence" Li Daxiao believes that the 2850 points of A share are stronger. With the deployment of the Qing government and the bar, the A share has passed through the downpour of 5178 to 2850 points. The vicious circle has ended and the market will move towards the warm and harmonious.

Related links:

"Cheng also levers, losing leverage" is a real portrayal of the recent A share market.

However, there has been much controversy over the "deleveraging" in the A share market.

In fact, after the accelerated deleveraging process in recent months, the overall leverage ratio of the A share market has been greatly reduced, and the scale of the on site financing and the OTC capital allocation has also seen an alarming decline.

Among them, in the field of financing, for example, as of now, the A share market's two balance has fallen below the trillion mark, and fell below the level of 940 billion yuan.

Taking the off court distribution as an example, after the severe investigation and strict combat in recent months, the potential OTC distribution business in the A share market has been unprecedentedly cleaned up.

However, in the face of the sharp decline in the overall leverage level of the market, regulators have not postponed the process of deleveraging.

By this year's 8 and September, regulators gradually took steps to clean up the stock allocation.

According to the previous plan, the stock allocation of the A share market will be cleaned up in four stages.

Obviously, in accordance with the above process, in fact, the A stock market has completed the first phase of the stock allocation clearance work, and according to the original plan, it will complete the second stage of cleaning up before September 18th.

Specifically, that is to say, the securities dealers between 10 yuan and 5 billion yuan are required to complete the liquidation before September 18th.