Short-term liquidity shock, ride it out

After the sharp drop in precious metals last Friday, the sentiment spread to global stock markets yesterday, with global stock markets falling sharply. South Korea and Indonesia stock markets fell more than 5%, while our A-shares and Hong Kong stocks also fell more than 3%. If your stock or fund account fell less than 3% yesterday, that's already pretty good.

"Possible Divergence After the Nonferrous Metals Plunge" was discussed in yesterday's article. The market overestimated the hawkishness of the new Fed Chairman Walsh. More likely, some investors took this opportunity to cash in on the favorable precious metals and stock markets since the beginning of the year.

I didn't bottom-fish yesterday. I think the biggest short-term liquidity shock is probably just these one or two days, after which it may stabilize into a weak fluctuation. Therefore, in the latter half of this week, our follow-up investments, such as the Watchmaker Active Alpha and the Watch Leek Global Investment Advisory Portfolio, may be launched. We plan to follow up 1-2 more times before the Spring Festival to prepare for the possible second wave of spring volatility after the holiday.

From last night's U.S. stock market performance, there are already preliminary signs of stabilization.

(Not for investment purposes)

$SSE Index(000001.SH) $Hang Seng Index(00HSI.HK)