29 July Observation of Stocks

In the early morning, the Federal Reserve's FOMC (Open Market Committee) held a July interest rate meeting. The official announcement that the Taper discussion has not yet landed. In a simple summary, there are actually three points worth paying attention to:

1. The Fed is slightly more optimistic about economic performance than expected.
2. Acknowledge that the Taper discussion is gradually becoming more detailed.
3. Established SRF and FIMA, the permanent repurchase tools at home and abroad.
   To put it simply, everything is in the normal plan, and there are no major economic problems. Perhaps a little bit optimistic, at least better than the previous situation.
   In short, I still maintain my view last night. (Unless there is a major negative occurrence)