Weekly

Mildness is wrong

2020-09-18

The cumulative number of infected people in novel coronavirus in the world has exceeded 30 million. As of this morning, there are nearly 30.32 million people in the world, and the number of confirmed deaths exceeds 950,000. In the United States, about 41,400 people were diagnosed with new pneumonia yesterday.

The cumulative number of infections exceeded 6.87 million, and it continued to be the country with the most infections in the world. The epidemic situation in India continued to deteriorate. There were 96,800 new cases yesterday and more than 5.212 million cumulative infections;

In Europe, more than 5 million new pneumonia cases have been confirmed, and more than 220,000 deaths have occurred. The World Health Organization said that the spread rate of the virus in Europe is worrying, and that the epidemic situation in Europe is very serious.

European countries are called upon to work together to implement measures to limit agglomeration, and take a scientific attitude to cope with it together. US President Trump posted on the social networking page, saying that American citizens will get the COVID-19 vaccine soon, which may take 4 weeks or 8 weeks.

However, it is obviously different from the officials in charge of the US Food and Drug Administration. Some officials said that it will take six to nine months for the COVID-19 vaccine to be launched. Trump is obviously using vaccines to power the election.


Contradictions broke out between China and the United States from the trade war, and finally, due to the storm of amending the National Security Law of the Port Area, the decoupling relationship became unmanageable. Yesterday, the US Deputy Secretary of State visited Taiwan in a high-profile manner.

There are even reports that the United States will lead other countries to support Taiwan's membership in the United Nations, and regard the one-China policy as nothing! From Nixon's visit to China in 1972 to establish diplomatic relations, the 48-year mutually beneficial relationship has been completely torn;

Under the impetus of US President Trump, the United States has brought tremendous pressure on China in terms of economy, science and technology, military affairs and even international public opinion. In addition to verbal criticism or some painless sanctions,

Perhaps we can only hope that Trump will lose the US presidential election in November. The U.S. Federal Reserve held a policy meeting for two days in a row, and published the results of interest rate decision yesterday morning.

Just as the market expects to keep the federal funds rate between 0 and 0.25% until 2023, the market seems to think that the policy is too mild and there is no greater stimulus. Yesterday, all US stocks fell, and the Dow Jones index fell 130 points.

The Nasdaq index fell 140 points, while the S&P index fell 28 points. Last night, the United States announced that the number of new jobless claims decreased by 33,000 to 860,000 last week, slightly higher than the market expectation of 850,000, but it has been lower than 1 million for three consecutive weeks.

The price of gold fell yesterday. Due to the market's suspicion that the policy of negotiating interest rates and easing volume was too mild, although the price of gold rebounded slightly after applying for unemployment benefits, the highest price of gold yesterday was 1961 US dollars per ounce, and the lowest price was 1932 US dollars per ounce.

It closed at $1944 per ounce, down $15.

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