To The Moon

Fed Chairman Powell clarified that "deflation" means "the beginning of lower inflation" and that the deflationary process has started but is still in the "very early stages" and may not be achieved until 2024. achieve the inflation reduction target.

Although Powell also warned that if unexpectedly strong data such as employment and inflation continue to be available, it could cause peak interest rates to be higher than market expectations; the Fed would still need to continue to raise rates. But the market is nearing the end of the Fed's rate hikes, with U.S. stocks rising sharply and commodities shaking back up, especially for crude oil.

Overall, whether the attitude of the Fed, or the domestic economic recovery is expected, the two logics have not changed significantly, only part of the industrial products on the expected hit too full, up too much, it is expected that industrial products will gradually turn into a width shock market to wait for the test of economic data. The two markets shake slightly, the trend is mild. Northward funds for 3 consecutive days to reduce positions, but the outflow is not large, with the yuan back to strength, is expected to gradually normalize the entry and exit of northward funds.

For this wave of index rebound market, northbound funds have a great impact, with the index significantly repaired, the market pessimism has been significantly relieved. And from the perspective of valuation and corporate earnings, there is not much drive, so this wave of the index "repair" market, and the sentiment of the funds is very relevant, is expected to shake the probability of the index is still greater in the short term, is expected to be stronger in small and medium-sized index than the blue chip index.

@MaverickTiger @CaptainTiger @TigerStars @MillionaireTiger