Interest rates and lower interest tax predictable, look how the stock market? In the newspaper yesterday to contact the six experts, the most optimistic view is that inhibit the rebound, the most realistic view,UGG boots cheap, it is fear of the rate hike cycle will be the development of corporate bonds to a certain extent.
the most optimistic view comes from Galaxy Securities, China Galaxy Securities Research Center, San Yuan Ding, deputy director of the view that since After raising interest rates still higher than the estimated level of interest rates Law said that as the advantage of this opportunity and has been fully digested, more prospects now become clear, but is conducive to the stock market rebounded from yesterday, the Shanghai index soared 145 points can reflect the positive attitude of investors.
and Distinct Galaxy Securities, National Securities analyst Xu a nail that interest rates may inhibit further market rally. He believes that the current rally has lasted 17 days, facing the end of the rebound cycle. But he also said , investors eager to begin to reproduce the situation, some turn to enter the market in the stock of capital,UGG bailey button, and may attract other investors waiting to see intervention, and the Economist Ha Jiming says that a substantial reduction of interest rate hikes and the introduction of tax policy at the same time,UGG shoes, the market will cause a certain degree of psychological impact, the market may react on Monday.
In addition, Watson Yanjing Overseas Chinese University Presidents that the interest rate on the market trend will not have a particularly dramatic effect. Moneta, chief analyst at economic research firm also believes that young horses,Bailey UGG boots, as compared with mature markets, there is no funding mechanism for the mainland market, but also lack a strong private equity investment power, therefore the interest rate adjustment mechanism of transmission to the stock market is not perfect, the stock market sensitivity to changes in interest rates is not high, so interest rates estimates, the current interest rate of RMB should be neutral in between 6% -7%, and severe low real interest rates. surplus is also closely related to this situation. Therefore, to solve these problems, interest rates should be no doubt, in the national economy and the interest rate cycle is inevitable reality. reflected in the stock market, so that the interest rate changes and the relevance of stock market performance is not great as people think. would materially affect the stock market. Meanwhile, the current profitability of listed companies in China in good condition, blue-chip earnings ratio and price levels were normal, so the stock market is still quite normal. Also, because the national economy is in a cycle of raising interest rates, Ding Sheng Yuan that the work of the development of corporate bonds in the short term are subject to certain constraints. but because of corporate bond market in a certainly be affected, but still great room for development.
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