In the external environment, the currency has entered an appreciation channel and then gradually stabilized and fluctuated, which will slightly increase the valuation of RMB assets.

The two cities are improving, but the new economic data shows that the growth is slowing down, and structural adjustment will be the theme of this year.

The futures market is also an inflection point, commodity futures in the fourth quarter of last year almost generally rose, and the black series gave a 20% increase.

For the time being, no one thinks that Wang Nuo will choose to test the waters in the international market when there are many variables in the domestic market.

Stock indices, options, commodity futures, and even the bond market and primary market all have plenty of room to operate.

Most of the documents Tao Keren saw were also analyses of the domestic market.

This is normal, Wang Nuo is also quite helpless, he has recently obtained more documents, including many hidden data of Rainbow, Huapu, and Tailong, from this point of view, his sources of information are more extensive and solid.

Due to the cooperation in the research business, Wang Nuo also has to give his own opinions to a greater or lesser extent, so ...... The Honest Pen is actually used all the time.

"Without the need to consume additional energy, to maintain the research business, and to keep the sources of information increasing, I'm actually cutting down on the market's variables all the time. Sensing that Tao Keren was looking at the documents on the table, Wang Nuo had a little headache.

Up to now, Wang Nuo almost never touches individual stocks, because the space is too small, and because he can't use the buyer's exact information to carry out related party transactions, he can only use many of the variables that have been cut down as an impact factor of a certain market.

For example...... The stock market is improving, volatile and upward, and data such as direction and space are the information that Wang Nuo has mastered.

Knowing that the stock market will rise, Wang Nuo can of course invest in futures indexes, but it is almost 100% consumption to exchange energy for money.

There is nothing to operate in terms of individual stocks, even if you don't use an honest pen to cut variables, if Wang Nuo gets the information and business from Huapu and other buyers, after he finishes the analysis, the entry operation is also okay, but ...... There is not enough space.

If the outstanding shares of an enterprise are 1 billion yuan, and Wang Nuo's tens of millions of shares have to go in and walk around, it will definitely be quite conspicuous.

Therefore, it can only be used as a factor, and Wang Nuo has now cut some variables, among which the market shock is one point, and the more important point is ...... Environmental protection and new energy seem to be a bit fancy.

Contacting some strategic analysis information given by multiple buyers, Wang Nuo easily set his sights on ...... Black futures.

It's still a familiar recipe, it's still a familiar taste.

But this time, Wang Nuo did not cut the variables directly related to the commodity futures market, but mastered other influencing factors, which he always felt ...... The policy side may come out with something that will have a great impact on the market.

"What does Uncle Ren think of the two sessions in March?" Wang Nuo knew that Tao Keren wanted to provoke the topic of the financial market, and he also wanted to communicate with Tao Keren, so he went straight in.

Tao Keren was really interested, and he didn't think there was anything wrong with Wang Nuo's question.

It is not surprising that the two sessions will lead to changes in the market every year, especially the more mature the market, the more the policy side will consider its own impact.

After the wind is released, then the news is released, and finally determined, the management has become accustomed to evenly distributing the macro impact to the timeline.

People in the industry not only have to analyze the trend of macro strategies, but also analyze the length of the timeline, such as some policies, it may take ten or eight years from the release of the wind to the final implementation, and the influence of a fixed range will be weakened.

This will directly lead to the data changes in the market are also affected, and there are reasons for whether it rises or falls, more or less.

The macro strategy changes in the past two or three years are of course difficult to guess, easy to say, easy to say, and some things are almost definite in direction and uncertain, such as ...... Environmental protection, new energy, these things.

It just so happened that Huapu had a layout in this area, and the research department of Huapu Fund asked Wang Nuo to do it here, which was also a related research report, so as soon as Wang Nuo opened his mouth, Tao Keren knew what his future son-in-law wanted to talk about.

"From the perspective of the overall situation, the top must maintain stability and adjust, but the market cannot be silent forever, the capital is ready to move, and the fluctuation trend of market psychology is also obvious. Tao Keren lit a cigarette and said: "The overall situation is stable, and variables will accumulate in the local market." ”

"Yes, Huapu believes that the stock market and foreign exchange market will be relatively stable. Wang Nuo agrees with this point of view, Huapu is very strict with risk control, and it is natural to adjust the position structure in operation, and quantitative hedging or something is also flying, and the market is stabilizing and improving is the direction they want to see the most.

"So there is a high probability that the variables will pile up in the expiration market?" Wang Nuo continued to ask.

"There is a high probability that the big variables will pile up in the maturity market, and the funds will not be supported, so I can't see through it. Tao Keren talked eloquently: "A family does not speak two words, the information I have obtained so far is fifty fifty, the market has digested some variables, whether to promote and implement some directional adjustments next, how strong is it, and the above is also very fierce." ”

"Until the last moment, no one is sure what changes will be made in the strategy and how much strength, and the information released in the process will make the market go in a very good way. Tao Keren continued: "Insiders don't eat dry rice. ”

"What do you think...... How about black futures?" Wang Nuo finally asked.

Tao Keren also expected: "The appropriate position is still OK, but be careful not to increase the attention to environmental protection, new energy and other fields this year, after all, the investment in the past few years has been large enough." ”

"I still think the top has an idea about China Blue. Wang Nuo gave a little definition.

The country's economic development, the early stage must be the data in charge, the first to exchange the environment for data, as strong as the United Kingdom, London that year's fog disaster also sounded the alarm, to the later stage, the economy up, then to enter the data for the environment.

What afforestation, reduce desertification, haze remediation these things, only when the economic development to a certain stage, will be mentioned, China blue is the remediation of the atmosphere, is the country's key project of environmental protection, a single capital, investment of 500 billion to clean up haze is not an imaginary number.

However...... This is still a big proposition involving economic restructuring, with the price of black futures as the target, and the strategy in the face of environmental protection and control efforts as variables, the formula is that the stronger the latter, the higher the data of the former in the short term.

Wang Nuo's current conclusion is: rise.