Of course, due to the relatively weak fundamentals, some data have indeed increased market concerns, such as the continued decline in some longterm government bond yields. In addition, the macroeconomic data has not shown much improvement, which has also caused the market to worry about the future profit prospects of companies. Therefore, the Ashare index fell more, which was unavoidable.
Unless the macro data improves, or the financial reports namibia phone number list released in the next two months exceed expectations, or the policy vacuum is broken, it will be difficult to predict when market sentiment will improve.
Does this mean that the stock market is not worth investing in?
Of course not!
In the previous article, we roughly judged that the market will still be in a consolidation state for some time to come, or in other words, it will oscillate between upper and lower boxes.
In short, if the market falls too much, there will be funds buying at the bottom, starting a rebound, but if the market rises too much, there will be demand for profittaking, which will lead to a decline.