Despite the sharp turn monetary policy

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Despite the sharp turn monetary policy factors, in particular stages of the financial crisis and rare easing monetary policy, but easy to spurt of growth, is still a shocked the industry. We need to answer two questions: first, the credit growth to have continuity, if this continues until the end of the year, means that full-year 2009 new credit scale will reach a historic 8 trillion yuan; Second, the new credit funds went there, is put into the real economy, or in the stock market in idling. Shop Gucci Belt under the guidance of financial support for economic development policy, loan growth momentum, in some way to justifying the confidence in Fake Gucci Belt economy, residents and enterprises should be comforting. But the premise is that most lend much money should flow to the entity economy, to four trillion infrastructure and people's livelihood projects, flowing to hunger and thirst of the small and medium-sized enterprises. This is one of the most ideal assumptions.
We assume that, even if the 4 trillion government investment projects have been planning to finish and have approval to complete, from the project cycle and schedule, at present also belongs to the start stage, so new lending growth and project cycle obviously do not match. Considering the factors such as holidays, as well as manufacturing itself index decline and the facts of the real estate investment fell back, cheap gucci belts there's almost no data index prove most loans into the manufacturing and real estate.
We work it out: the national development and reform commission has approved and implement the state 210 billion investment, need to form a complete set of credit funds should be around 600 billion; According to historical data, there are about 400 billion other conventional project loans. So total is 1 trillion yuan, compared with 1.62 trillion yuan, a conservative estimate about 5.6 trillion money unaccounted for. Whether this money into the stock market, there is no direct evidence that the Gucci Belt Replica banking regulatory commission and the central bank also not sure, but the official did not rule out the possibility. Actually, whether the credit funds into the stock market, can look at history, can also from 2009 a-share abnormal performance to love you.
From the historical textual research, Fake Gucci Belt stock market after the Spring Festival every year, most seem to have a good market, the probability is as high as 70%, the main reason is gucci belt cheap that in January each year are the peak period of lending, new bank loans through various channels into the stock market. Look from this year's stock market performance, since the last trading day of 2008, close to 1820, to February 17 Japanese round up to 2402 points, less than two months the benchmark Shanghai composite index up more than 30%. Especially after the Cheap Gucci Belts New Year ten sessions, the Shanghai composite index up more than 20%. Considering the macroeconomic data is bad this year, the listed company earnings forecast is not very optimistic, this appearance is very strange. Look at the international market, the dow Jones industrial average in the United States after Obama took office, fake gucci belts often to break low test with the new President.

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