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It Is Imperative For Chinese Investors To Make Rational Asset Allocation.

2015/12/5 21:10:00 18

Chinese InvestorsRationalityAsset Allocation

The shadow of the Fed's rate hike is shrouded in the top.

Yellen, chairman of the Federal Reserve 2, made the euro gold plummeted.

It is imperative for Chinese investors to make rational asset allocation.

The global capital market is shaking sharply, and the future of money lies in the hands of several big powers and several big central banks.

When the market volatility is more and more intense, if the ordinary investors do not have the asset allocation, they may be "sheared", and the days will not be too good.

There is no real recovery in the global economy. The largest monetary control country has begun to gradually resume its normal monetary policy.

The pformation, division and turbulence in this process will be unthinkable.

In the history of mankind, after the first substantial easing of money, it is still in a prolonged downturn, and the real economy has not been able to find its way.

Despite the downturn in emerging markets and commodities, the Federal Reserve is likely to raise interest rates in December this year.

The US resumed money market operations by raising interest rates one or two times.

Initiative

In this context, the majority of enterprises and investors will be "sheared" by raising interest rates.

On December 2nd, Yellen delivered a speech at the Washington economic club, saying that the US economy has made great progress. It warned that the delay in raising interest rates for too long would lead to a risk of sudden tightening in the future, interfering with the financial market and even pushing the economy into recession. She said "expect" to see the normalization of the monetary policy of the Federal Reserve.

The dollar rose sharply.

The US dollar index hit the highest level of 100.51 in April 2003, while the US dollar hit a more than 7 month high against the euro.

In fact, market participants have begun to plan.

The US dollar has already moved out of the Swiss Franc in November 29th, and after 3 straight days of decline, it began to rebound in December 3rd.

The US dollar is still rising from the general trend of Japanese K-line and monthly K-line.

If the US dollar continues to rise before the Fed meeting in December 15th, the probability of US dollar raising interest rates will rise significantly.

US stock market based on low interest rates.

Bond Market

The bull market has been reversed. Real estate may not be optimistic. The 2292 high-yield bond indices have declined in the past month, and the share of the US pension and the rate of return on debt are also declining.

China's capital market is also likely to be affected.

At present, the Shanghai Composite Index has been rising or falling.

After August 11, 2015, the fluctuation of RMB increased, and the yuan fell and then rose sharply.

China Merchants Securities estimates that the RMB to us dollar exchange rate volatility will be significantly improved.

The rumour of raising interest rates by the Fed is a sign of the turmoil in the capital market.

We must see clearly the change of the trend, the rise of the US dollar, the low interest investment and the high return period of the US dollar, and the rise of the US dollar is very slow and oscillating. The emerging markets are in the doldrums, the market is aggravating, and even the US dollar's initial index of raising interest rates will fall.

Although the Fed failed to raise interest rates in November, even if US employment data and manufacturing data were poor to raise interest rates within the year of 2015, market funds were already in circulation, as the Yellow River changed into a new channel, to the sea.

Wait until the Federal Reserve raises interest rates.

global market

Sensitive funds have basically completed the new strategic layout.

Arbitrage funds begin to withdraw from other markets and return to the US dollar.

This year, the US dollar index for the six major currencies tracked by the US dollar has risen by more than 10%, while the Bloomberg commodity index, which tracks commodity prices ranging from crude oil to copper, has fallen by 22%.

Goldman Sachs renewed its warning in December 2nd that the euro fell to 300 against the dollar at the most on Thursday, to 1.03.

The rise in the US dollar made gold price tumbled, falling to its lowest level in nearly 6 years in December 2nd (New York time Wednesday). New York's spot gold fell by 1.4%, at 1053.70 U.S. dollars / ounce, hitting the lowest 1050.25 U.S. dollars / ounce since February 2010.

Gold has been weak due to the rise in the US dollar. The largest gold ETF SPDR gold ETF position dropped sharply on the same day, a decrease of 15.78 tons, down 2.41% to 639.02 tons, the largest single day decline in January 2011.

At present, the ETF position has dropped to its lowest level in September 2008.

The world's largest silver ETF - iShares Silver Trust silver holdings have been reduced from 21 million 50 thousand ounces to 20 million 545 thousand ounces.


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