Inflation and interest rates hard to put out cups of water car market as early as 8 am paid
December 9, 2010 opening day on Thursday
required reading
1, National Bureau of Statistics released November 11
economic data National Bureau of Statistics yesterday, 12 11 notice (Saturday) from 10am press conference held at statistical data. Many economists expected in November CPI will hit a new high during the year.
on a survey of 36 institutions, in November The consumer price index (CPI) is expected to increase up to 4.7%.
the same time, CASS experts predict this year by 3.2% CPI increase. And some time next year CPI increase will remain in the upward trend, the state CPI tolerance level may rise to 4%.
Some analysts believe that the reference in the CPI announcement after the central bank to raise interest rates before the prices, small interest rate increase! money in the bank is no doubt more and more devalued!)
2, three central reserve tickets arrest rates or withdrawn from circulation into the main
years, 8 months back central bank bills once again Four central bank only in March the central issue of a ticket. three-year central bank bills issued was again suspended, this is the third three-year central bank bills toolbox out open market operations.
early April of this year, the banking system to increase the capital lock efforts, the central bank three years in the open market recovery central bank bills issued, the cumulative size of the freezing of funds reached 1.03 trillion. but since the central bank to raise interest rates in October after a three-year central bank bills, secondary market interest rates increase the more upside down to the larger interest faded so that their bodies, resulting in the rapid decline in circulation, even the most recent issue size to 10 billion, lost the effectiveness of capital returns.
(sand: the market believe that this message means that the central bank or to raise the deposit reserve ratio instead of raising interest rates.)
3,2010 new record high on China's grain output increase for seven consecutive years, according to the Ministry of Agriculture informed
2010, China's grain Zongchandadao 10928 billion kg, an increase of 312 billion kilograms, up 2.9%, new record and an increase for seven consecutive years for the first time in half a century, food production for four consecutive years or more stable at 10,000 billion kg.
(sand : Despite the increase in food production, but could not stop the momentum of rising prices of agricultural products!)
4, hundreds of economists, entrepreneurs, 88% believe that the current inflation
CCTV serious the one hand, China's economic growth momentum remains strong, on the other hand, driven by a variety of factors at home and abroad, there have been price rise, increasing inflationary pressure situation. By 100 economists and entrepreneurs in the survey, The reporters found that 73% of the respondents believe that China's current inflation situation is more serious; 15% of the respondents believe that inflation has been very serious; also have about 12% of respondents believe that China's current inflation is not serious.
(sand: inflation has actually taken place in each of us around!)
5, Liu Wei, vice president of Peking University, said citing excess liquidity in the asset market, dangling, the objective to improve the cost of running the national economy, anti-inflation policies have long-term arrangement, every step of the policy efforts should not be too fierce.
People's Daily reported on Wednesday quoted the words of Liu Wei and said part-time economist, this year if the inflation rate slightly more than 3%, do not be too nervous, because this year's economic growth is expected to more than 9%. economic growth rate increased, inflation is a correspondingly higher economic law dictates, not out of control.
Liu pointed out that the governance of inflation, there must be mentally prepared for long-term and policy arrangements, as far as possible every step of gentle strength, policy efforts should not be too fierce. short-term policy lag, as if the treatment cold, can not be expected immediately, , the current financial crisis has not eliminated the problem of insufficient domestic demand and not fundamentally overcome the economic growth momentum is not enough, in the next one two years, China is facing greater inflationary pressures.
to control inflation , recycling of excess liquidity, since late October, China had a central bank raise interest rates, and twice the statutory deposit reserve ratio increase, while some financial institutions to implement a differentiated reserve policy.
(sand: China The interest rate has been 10 times higher than the United States and Europe and other countries, the deposit reserve ratio as high as 18%, but also br> Wednesday, U.S. stocks closed slightly higher. U.S. dollar, bond prices fell sharply. Despite fears that the Bush tax cuts may result in continuation of the government deficit, but the general rise in the financial sector continues to push the stock market closed.
the Dow rose 13.32 points , to close at 11,372.48 points, or 0.12%; the Nasdaq rose 10.67 points to close at 2,609.16 points, or 0.41%; the S & P rose 4.53 points to close at 1,228.28 points, or 0.37%.
gold futures fell $ 25.80, or 1.8 %, to close at $ 1,383.20 an ounce. Crude oil futures fell 0.5% to close at $ 88.28 a barrel.
(sand: U.S. dollar index shot up, but close out a long upper shadow.)
old sand feeling
1, yesterday's trend is to raise interest rates naughty, and glasses of water difficult to eliminate inflation, interest rates paid car! China's interest rates have been 10 times higher than the United States and Europe and other countries, the deposit reserve ratio as high as 18% Whither can add?
2, some scholars have asked: China next year, the number of new credit scale in the end? Some people say that target is 6 trillion, underestimate. If you recognized the growth rate of M2 is 15 next year %, then, if the size of the end of M2 is 71 trillion (69.9 trillion in October), the next new M2 was 10.7 trillion, accounting for additional new loans generally about 70% of M2, then the actual new loans next year will reach 7.5 trillion or so. not too much to tighten monetary policy.
3, the sand in the old view, the so-called the less valuable, and all the prices have risen to heaven, it only getting lower and lower stock prices?
4, in inflation, in the context of severe inflation, liquidity will flow to commodities, the flow of high-quality listed companies!
5, the printing machine 5 - 10 years , so only buy a Nearly worries! handheld One said: buy stocks, play the stock market are actually the world's most miserable man, who was kidnapped by the stock is sitting people to live in!
addition the stock market is manipulated by an invisible hand, the kidnapping, which makes you even more pain!
when you are detached in one or two good long-term investment in listed company, rather than every day entangled in its fall and rise it?
free to live in between heaven and earth, and not living in the daily limit and daily limit between the right!
me if not for a responsibility, I would have unfettered freedom in another environment to live out!
like this every day on my blog, also felt the old sand makes sense!
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