Is there any more bull market? No, it is indeed gone. For undetermined retail investors and so-called experts, the bull market has ended. It came quickly and went even faster. For determined bulls or stupid investors, the bull market has just started and the first wave has not yet finished.
The first wave of trends will be determined by the press conference this Saturday, but expectations should not be too high. The scale of the first round of national debt should be within 2 trillion yuan. The official press conference will be held at the end of this month, and the Standing Committee of the National People's Congress will decide. The Ministry of Finance's briefing this time will be a neutral policy, and there will be no large-scale stimulus.
Will there be large-scale stimulus later? The possibility is very small, but there should be national debt issuance at the end of the year to steadily restore the economy. As for the 10 trillion yuan rumored outside, they are all rumors. It is impossible to have such a large-scale stimulus.
Does that mean the bull market is over? After all, our market will die if it falls. Everyone's concerns are completely correct, so the bull market is over, and it is over for many people.
Will the market get better? It will definitely, because this bull market is very important. The bull market will boost consumption greatly, and consumption growth will contribute greatly to the economy. It is that simple, if you believe it, hold on, if you don’t believe it, leave. The “smart” approach of trading on the right side and in waves is not suitable for the vast majority of retail investors.