美联储为了收割到中国这块大肥肉，宁可非农数据造假也要坚持不降息，硬生生挺到七月份，只盼着中国先撑不住举手投降

Core Viewpoint - The Federal Reserve's reluctance to lower interest rates despite questionable non-farm payroll data indicates a strategic approach to maintain market expectations, particularly in relation to China's economic situation [1][3][12] Group 1: Non-Farm Payroll Data Analysis - Non-farm payroll data has shown a pattern of strong initial reports followed by significant downward revisions, with over 300,000 jobs adjusted downwards this year alone, raising concerns about the accuracy of economic indicators [5][10] - The June non-farm payroll report initially indicated an addition of 206,000 jobs, but subsequent revisions revealed a decrease in April's job additions to 108,000, highlighting discrepancies in employment data [5][9] - The healthcare sector accounted for 42% of the new jobs in June, suggesting a potential misalignment between reported job growth and overall economic health, as this sector's growth may not reflect broader economic recovery [9][10] Group 2: Market Reactions and Implications - The market's response to the non-farm payroll data has been significant, with gold prices rising and oil prices falling, indicating a shift in investor sentiment towards skepticism about the economic narrative [5][10] - The dynamic between U.S. monetary policy and Chinese market performance is evident, as expectations of rate cuts in the U.S. correlate with positive movements in Chinese markets, while strong non-farm data leads to market pressure in China [7][12] - The recent trends in the A-share market, particularly in the ChiNext and CSI 300 indices, suggest a potential turning point in market sentiment, driven by reactions to U.S. economic data and its implications for global markets [10][12]