Daily commentary-每日见闻-2022.7.25 Global:Global disconnecting is still in process. International conflicts and local conflicts are both rising. Dividen between different groups of people are enlarging. Going down this road, this would cause more conflicts and may cause big hot wars. When hot war happens, fortune would be destroyed and redistributed. Rules and orders would be changed. People would suffer and living standard would drop. So hope big scale of hot war will not happen so soon.US:Politics: People are still suffering from high living cost. Government tries to maintain their justice on Ukraine conflict and strengthen of China.Economics: US economy is still growing. It is expected US consumers' spending would keep expand till end of this year.Culture: More violent and more divided culture are spreading out in US. Young people are more internet connected.Technology: US is trying to stay at top of the technology. US passed bills on stimulus chips industry and other high tech industry. The innovation ability of US is still strong on chips, space and biotechnology areas.Health: US citizens

Daily commentary- 每日见闻-2022.07.23 This week different countries experienced different market movements. US investors are moving from risk-free assets to risky assets. Chinese and European investors are still seeking risk-free assets due to loom forecasts on economy.It is very interesting to see how historically investor's appetite change over time based on different market situation. The basic rules are:1.When investor is bearish about economy outlook, investor tend to: a.save more cash; b.sell some overpriced asset and expect to buy back at low price; c.lower their expected price of assets. These caused:a.demands on assets decreased; b.money is less available on market; c.people can't make money on their assets; d.sell pressure for assets increased. e.assets price decrease; 2.When investor is boolish about economy outlook, investor tend to: a.save less cash; b.buy more cheap asset and expect to sell at higher price; c.increase their expected price of assets. These caused:a.demandson assets increased; b.money are more available on marketl; c.people could make money on their assets; d.buy forces for assets increased; e.assets price increase;Overall, investor's forecasts on economy is important factor for investor making decision.Other factores investor will consider regarding their investments:a.Big events:1.Covid:Total new covid case no. is rebounding in China. According to current Chinese Covid policy, local communite would be lockdown if any Covid case founded. Current Covid cases are founded mainly in tier 2 and tier 3 cities, such as Guangxi, Gansu, Sichuan, Sichuan, etc. These areas' retailswould be affected by covid. Manufactures would not be affected much. I am expecting more easing on current covid lockdown policy willhappen soon.

Daily commentary-每日见闻-2022.7.20 China is still in process of economy rebounding. US is at the turning point of from fast economy rebound to curbing inflation. UK is also at theturning point of from fast economy rebound to curbing inflation. Europe is also at the turning point from economy recovery to curbing inflation.US:Politics: US president Biden continue under pressure of high inflation, climate change and challenges from China and Russia;Economy: US economy is expected to grow by 2% yoy in 2nd quarter 2022, which is in the middle of G20 GDP growth rate;Culture: Citizen's view are more divided in

Daily commentary-每日见闻-2022.7.18 China is still in process of covid recovering. US maybe at the turning point of economy recovering to economy slow down. Europe already in economy shrink.My monitor on major countries:US:Politics: Biden is facing mid-term election. The biggest pressure on him now are high inflation and climate change. Biden are meeting energyproducers and are calling other goods producers to ask for production increase to ease local inflation. US inflation hitting 40 yrs high as In the United States, unadjusted Consumer Price Index for All Urban Consumers is based on the prices of a market basket of: food (14 percent of total weight), energy (9.3 percent), commodities less food and energy commodities (19.4 percent) and services less energy services (57.3 percent). The last category is divided by: shelter (32.1 percent), medical care services (5.8 percent) and transportation services (5.5 percent).Economy:Culture:Health:Technology:China:Politics:Economy:Culture:Health:Technology:

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