美式疯狂——一场康波萧条末期的标准现象级困局

Group 1 - The market experienced a comprehensive rise in the first week of the new year, with the CSI 300 index increasing by 2.79%, the Shanghai Composite Index by 3.82%, and the CSI 500 index by 7.92% [2] - The A-share market restarted a bullish trend after three months of consolidation, with significant capital inflow observed on January 5, marking a key resistance level breakthrough [4] - The fundamental economic indicators show a continued rebound in domestic prices, aligning with previous predictions of a mid-term price rebound trend that has now lasted for four months [3] Group 2 - The macroeconomic environment remains challenging, with the U.S. unemployment rate slightly decreasing to 4.4%, but the overall economic growth is not sustainable, indicating a potential shift towards a classic Kondratiev wave depression scenario [3] - The market's technical characteristics during the recent consolidation period have shown significant differences from the past decade, leading to higher frequency adjustments in positions [4] - The investment strategy suggests maintaining a high position in small and mid-cap stocks, as the market sentiment has shifted favorably since January 5, indicating a preference for this market segment [4]