What should be done next? It seems that there is still a trend of accelerating towards the top in the short term.
1) But just like yesterday when talking about the trend of the US dollar, if inflation does not really reverse but rebound in the future, then inflation expectations will naturally weaken.
2) The important reason why the U.S. economy is very resilient this year is that residents’ excess savings due to epidemic subsidies in the first half of the year are still being digested, as well as the Treasury Department’s large expenditures (you can see this by looking at the TGA account balance). It is expected that excess savings will be exhausted by the end of the year. At the same time, fiscal expenditures will begin to decrease significantly after the third quarter. The Ministry of Finance’s account balance has now reached the level of 600 billion U.S. dollars. It seems that the plan is to replenish it to more than 800 billion U.S. dollars, and there are still nearly two A gap of hundreds of billions of dollars. In the next two months, the TGA account balance will be fully replenished, and the market drain on the market from the Ministry of Finance's bond issuance will be greatly reduced in the short term. However, market liquidity will still be under pressure in the short term#一起来跟单 #注意资金安全 #美联储是否加息？ #带你看看币安Launchpad #BTC
1) But just like yesterday when talking about the trend of the US dollar, if inflation does not really reverse but rebound in the future, then inflation expectations will naturally weaken.
2) The important reason why the U.S. economy is very resilient this year is that residents’ excess savings due to epidemic subsidies in the first half of the year are still being digested, as well as the Treasury Department’s large expenditures (you can see this by looking at the TGA account balance). It is expected that excess savings will be exhausted by the end of the year. At the same time, fiscal expenditures will begin to decrease significantly after the third quarter. The Ministry of Finance’s account balance has now reached the level of 600 billion U.S. dollars. It seems that the plan is to replenish it to more than 800 billion U.S. dollars, and there are still nearly two A gap of hundreds of billions of dollars. In the next two months, the TGA account balance will be fully replenished, and the market drain on the market from the Ministry of Finance's bond issuance will be greatly reduced in the short term. However, market liquidity will still be under pressure in the short term#一起来跟单 #注意资金安全 #美联储是否加息？ #带你看看币安Launchpad #BTC