If there is no accident, we can get out of the mad cow high of 3674 points this month and prepare for 4000 or even 5000 points next year.Yesterday, I looked forward to this week's small goal in a small post. The Shanghai Stock Exchange hit 3600 points and stood firm at 3500 points. It seems that I am still conservative.First, on 9 December, the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting pointed out that next year, we should implement a more active fiscal policy and a moderately loose monetary policy, enrich and improve the policy toolbox, strengthen unconventional countercyclical adjustment, lay a good policy "combination boxing", and improve the foresight, pertinence and effectiveness of macro-control.
Three major favorable catalysts, the New Year's market will start, and I am going to make this layout.Second, the yield of 10-year treasury bonds is less than 2%, and the 7-day annualized rate of the money fund is around 1.5%. This makes the dividend-paying big blue chips in the stock market more attractive for investment. The recent further decline in long-term interest rates will accelerate the transfer of deposits to the equity market. This will directly open up the upside of A shares.I believe that bigger and more lasting funds are still on the way.
Yesterday, I looked forward to this week's small goal in a small post. The Shanghai Stock Exchange hit 3600 points and stood firm at 3500 points. It seems that I am still conservative.On the target, I chose E Fund CSI A500 Index (A: 022459c: 022460) $ E Fund CSI A500ETF Connection C(OTCFUND|022460)$, 0.15% management fee and 0.05% custody fee, which is really friendly to investors.In this way, in the bull market, it is more flexible and profitable than the Shanghai and Shenzhen 300 indexes.