With the stock market do not need the heart of GDP, CPI data and downs

 With the stock market do not need the heart of GDP, CPI data and downs
2008-7-17 Daily News
What is the National Economy? Is now.
People on CPI, PPI data very familiar, National Bureau of Statistics Main economic data of the time, as businesses, investors and all market players awaited a mental feast, or a tense psychological torment.
7 17, National Bureau of Statistics will release key economic data. The day before, Goldman Sachs announced a major forecasts, taking into account the Goldman Sachs-depth statistics on the participation of China, has reason to believe that Goldman Sachs from the National Bureau of Statistics data is not too far from authoritative data.
data, according to Goldman Sachs,UGG boots cheap, China's second quarter GDP10 .1%, down 0.5 percentage points than the first quarter, PPI in June rose to 8.8%, CPI fell to 7.1%, compared with 0.6 percent in May. In terms of price-sensitive, six months, seventy small city room prices rose 8.2%.
This data seems to make people take a break, if the CPI fell to 7.1%, then, GDP decline is tolerable, some people even think that a slight drop in GDP had to pay China's economic transformation consideration.
optimists reason to continue to be optimistic, GDP growth is down to 10.1%, remained above the psychological barrier of double-digit over the past 55 years the average growth rate of 8.34%. Compared to the tumultuous global economy This is still a figure worthy of envy, CPI decline, it means that monetary tightening has been successful. There are many countries endure the torture of high inflation, compared with China's inflation level is still manageable.
in accordance with the pessimist's view, optimists reason to fear built on top of the iceberg. National Bureau of Statistics GDP calculation method in accordance with production, seldom fall below 10%, the Chinese University of Aeronautics and Astronautics Professor Ren Ruoen calculated by expenditure approach, our a quarter GDP growth of only 7.6%, this data is terror, far more than the economy can withstand the degree.
National Bureau of Statistics announced the monthly GDP by production approach, that is, the sum of value added lines of the national economy, if investment, consumption, net exports and government spending accounted for the four sectors GDP growth by expenditure approach, the production method may be overestimated. Statistical Yearbook published annually, the National Bureau of Statistics data will be corrected, the National Bureau of Statistics and expenditure according to the production method method of accounting for GDP data are close, and will not vary so far off the mark. If the GDP calculated by expenditure decreased mainly due to the decline in investment and exports, and the price index in accordance with the amendments, indicating that the inflation rate in the first five months of high, while the trade surplus growth in May to -9.9%.
stock market is not necessary as the heart of GDP,UGGs, CPI and downs, because China's economy severely distorted price system, transmission mechanism and reaction over the same time there is failure. In fact, in order to reduce inflation, the authorities impose strict price controls, not only control such as oil, electricity and other basic resources of the price the people's livelihood, and even the price of instant noodles,Bailey UGG boots, etc. need to report to the Development and Reform Commission approved the mm point, complete failure of the price transmission mechanism. Although Citation PPI prices a lot of attention to successive rise, but not directly to the CPI, or whether it is half the transmission of all failures in October. This is the price under control of the economy phenomenon, only the market reach the critical point, PPI rise to business failures time, the price will be displayed to the destructive power of its powerful.
can be expected in the second half, due to hikes down, upward pressure on CPI in China will slow, but from the perspective of resource adjustments, price increases pressure at all times. in short-term inflationary pressures for China, while slowing Fortunately, visionaries should uncertain future of the Chinese economy to maintain sufficient vigilance. GDP, CPI data is not the introduction of a direct impact on the stock market. < br> still have to stress that the international economic recession on the Chinese economy will have far-reaching impact, the Chinese through the capital, the umbilical cord is connected with the global economy produced 16 .7, as Federal Reserve Chairman Ben Bernanke testified in the U.S. House of Representatives suggested the U.S. economy will fall into recession, leading to the next day a large American oil commodity futures markets diving, 147 U.S. dollars per barrel from the highest level all the way down to 136 dollars, a slight rebound in the final close, still remained at a low $ 138.
the deepening U.S. subprime crisis , and the lack of new global growth, leading to the global economy into recession. We always hope oil prices stay, to curb inflation, the deteriorating trend of the world. But one day, really sharp decline in oil prices, we will find even greater nightmare trapped being that the global economy into recession.
an irreversible decline in oil demand and oil prices lead to irreversible decline, and ultimately everyone can achieve the dream of information products, lower prices, but at this time , all the national wealth and personal wealth has shrunk dramatically, still can not afford low-cost investment products.
10% or more of the GDP data will enable us to guard, down the CPI will make us numb. in order to distort the way the market price system maintain high growth and low inflation illusion of prosperity, the better to risk the gradual release of the inflation in the range of tolerable to establish a market price system, rationalize the prices, the establishment of positive tax incentives.
Note: a friend write that Why not save the stock market? I have always believed that the stock market to the rescue, now has not changed, but the save method should be substantive,cheap UGG boots, not from editorial, but by limiting the financing, correction, development build investor confidence and economic entity.