Summary
[Monarch Strategy: “Stable Growth” Market Is Still On the Way]The Monarch Strategy stated on February 20 that the global liquidity inflection point has been reached, and the asynchronous window period of Sino-US monetary policy is narrowing, which makes the valuation side do not have the basis for a comprehensive increase. Therefore, we should focus on the direction with valuation repair. Starting from the DDM model, attention should be paid to the profit reversal or marginal improvement at the molecular end. At present, the low-valued sectors centered on the consumption and infrastructure chain have the above advantages, and the “steady growth” market is still on the way. (e company)
The Monarch Strategy stated on February 20 that the global liquidity inflection point has come, and China and the United StatescurrencyThe policy asynchronous window period is narrowing, which makes the valuation side do not have the basis for a comprehensive lift, so it should focus on the direction of valuation repair. Starting from the DDM model, attention should be paid to the profit reversal or marginal improvement at the molecular end. At present, the low-valued sectors centered on the consumption and infrastructure chain have the above advantages, and the “steady growth” market is still on the way.
(Article source: e company)