Although the stock market has risen, when you ask your fren who is copying stocks around you, no one has recouped their investment. Those investors who entered at 2900 points in January 24 years ago, many old investors still have not recouped their investment, and are in a loss state, but the self-media bloggers are all going crazy. They have not seen such a crazy trend in many years. In every video made by bloggers, their faces are radiant, as if they have become millionaires. Everyone is saying the same thing, urging everyone to buy stocks desperately. Among these people, there are both professionals and non-professionals, there are Technical Analysis, and industry analysis. Everyone is talking about how much they have increased their position today, how much they have bought. The screen is full of greed and restlessness. The economic fundamentals have not significantly improved or been resolved, but bloggers have suddenly shifted from generally pessimistic to generally greedy. Although we all know that according to economic and financial theories and historical events, we have never seen a situation where the stock market surges by all people trading stocks under a declining real economy, leading to economic recovery. This impossible theory and practice are confusing and unsettling, but there is simply no way to resist the enthusiasm of the investors. Some even shout out that the stock market will become a new pillar industry of the economy, shifting from the real estate market to the stock market. This is a very strange logic, how can the stock market become a pillar industry? Real estate is an economic pillar because it can drive the development of hundreds of related industries and promote employment. Additionally, the real estate industry...

The raw tax and fiscal revenue account for a large part of the total fiscal revenue. Therefore, real estate can become a pillar industry. What role does the stock market play? Can it increase income? Can it increase tax revenue? Or can it drive employment in other related industries? The logic of the stock market is to increase income by buying at a low price and selling at a high price. Only when there is trading between buyers and sellers can growth be achieved. If there are only buyers in the market and no sellers, or only sellers and no buyers, how does the stock market pump? This means that there must always be someone buying at a high price to maintain market liquidity and
The price is rising. So, it is necessary for the stock price to rise with favorable factors, whether it is a favorable policy or a favorable economic situation. We can discuss this logic with specific theories or historical practices, but many people do not do so. I think the stock market is so lively now mainly because deeply trapped investors are calling out, they are fighting. In fact, there are many trapped investors, and they are desperately calling out, waiting for those who can take over. When people ignore all the situations, are blinded by greed, and block out all the basic information, the impetuous upward emotions will confront each other. They will choose to turn a blind eye to things that do not fit their wishes. For example, what I am saying now. They will only go crazy, idealizing that they can make a fortune. Then they will go find a bunch of theories to prove that they can make a fortune. This may also be the reason for poverty. Making money follows a certain logic, and there is inevitability in the flow of money. Those who do not understand this point always switch back and forth between greed and fear. They can only be sheared like sheep. Heaven will not let a person obtain wealth beyond their own cognition.#Has the Market Bottomed Out?