?Guo Ziran, Guangzhou Futures: A shares will usher in a weak rebound China Securities Journal I
n the nea
r future, regulators have proposed measures such as increasing support for infrastru排列三专家杀号家彩网 cture construction, expanding the scale of tax reduction and fee reduction, and further strengthening the market's expectation of policy easing. On February 22, Guo Ziran, a researcher of Guangzhou futures stock index futures, said in an exclusive interview with a reporter from China Securities News that in combination with the performance of the market during the recen
t three policy turns to easing, the market is still in a downward trend after the monetary policy turns to easing, and only after the fiscal policy turns to easing, the market rebounds in a trend. Considering that the pullin
g effect of this policy to the economy will be less than the previous three times, the market is expected to have a weak rebound. China Securities News: talk about the characteristics of the recent three policy changes to easing. Guo Ziran: the last three times of policy easing appeared
in 2113, 2122 and 2124 respectively. During the three times of easing, the common feature is that the monetary policy turning signal of reducing the standard and interest rate first appeared, and after a certain time lag, the fiscal policy turning signal of capital construction plan, real estate policy and so on appeared. However, each time the easing time increased, the effect of economic boost after easing was not obvious. The first two times and the United States' easing cycle have a relatively good effect on economic growth. From the perspective of the transmission chain of money supply, financing demand and investment, during the three easing periods, all experienced the reduction of standards and interest rates, the year-on-year growth of social finance rebounded, the year-on-year growth of infrastructure investment rebounded rapidly but lasted for a short time, and the year-on-year growth of real estate investment rebounded slowly but lasted for a long time.