fed digital currency april 2023- Top snippets

From 2024 to the end of the year, with the gradual development of the New Year's market, how will the market style be interpreted? Will there be a switch between large and small disks?According to the research report released by SDIC Securities on December 8, if we want to treat this wave of "new year's market" with "innovation", it is necessary for the US dollar index to clearly turn from strong to weak and the fiscal expenditure to enter a clear expansion cycle. The pricing of risk preference turning to fundamentals may have to be further confirmed in the second quarter of next year (strong dollar turning to weak dollar+stimulus policy effectively reversing domestic demand). Looking back at history, after M1 rebounded from the bottom for two consecutive months, the market sector represented by consumption and pro-cyclical sectors will start pricing around fundamentals, which also means that if the growth rate of M1 continues to rebound in November, this extreme differentiation pricing model of large and small markets is expected to be gradually reversed.Small-cap style clearly outperforms.

Looking further, humanoid robots and AI concept leading stocks, which are the hottest in the market recently, are almost taken over by small-cap stocks. The data shows that since September 23, the humanoid robot sector has risen by the top 30 stocks, with an average increase of about 114%. Before the market started, the average market value of 30 stocks was less than 4.1 billion yuan. In terms of individual stocks, Eft's total market value was less than 4 billion on September 23, and it has risen 3.5 times since then, and it is currently about 17.6 billion yuan. The total market value of Juneng shares rose from 770 million yuan to 2.6 billion yuan; Tuosida rose from about 4 billion market value to 16.4 billion yuan."The market of technology stocks is supported by policies, and the policies frequently mention the self-reliance and self-improvement of science and technology, such as artificial intelligence industry, self-controllable, new energy technology, etc. This kind of concept plate is mainly the participation of hot money and new retail investors, focusing on themes and tracks. Long-term expectations are hard to be falsified in the short term. Industries such as artificial intelligence are indeed in a stage of rapid development. Once hot money has a money-making effect, retail investors are easy to chase after it and push the stock price up. " Zhao Xi told reporters.It is worth noting that the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025. According to industry analysis, the overall tone of this meeting was positive, and the macro policy is expected to continue to increase next year. The meeting put forward "strengthening the regulation of unconventional and countercyclical policies", which was the first time that a major meeting mentioned the word "unconventional", or indicated that the follow-up policy measures would be more diversified. The importance of domestic demand expansion is further highlighted, and the scope and intensity of subsequent consumption promotion policies are expected to increase.

Small-cap style clearly outperforms.Compared with small-cap stocks, Ning combination and Mao index seem to be "abandoned" by the market. Contemporary Amperex Technology Co., Limited (300750.SZ) went out of the independent market, rising by 68.21% during the year, while Enjie (002812.SZ) fell by over 30%. The Mao index rose by 10.85% during the year, the share price of Oriental Fortune (300059.SZ) doubled, and Zhifei Bio (300122.SZ) fell by nearly 50%."The market of technology stocks is supported by policies, and the policies frequently mention the self-reliance and self-improvement of science and technology, such as artificial intelligence industry, self-controllable, new energy technology, etc. This kind of concept plate is mainly the participation of hot money and new retail investors, focusing on themes and tracks. Long-term expectations are hard to be falsified in the short term. Industries such as artificial intelligence are indeed in a stage of rapid development. Once hot money has a money-making effect, retail investors are easy to chase after it and push the stock price up. " Zhao Xi told reporters.