September the stock market in 2700 came to an end around 3 Reasons.

<P> Stock market is launched in the 2700 battle around, with the rebound more strongly, we must be careful in the stock market at any time the end of a rebound in the wild, and be a big adjustment. .On the whole, although the index looks very strong, but the stock market does not have the reverse is now the basic conditions, if the current rally is seen as food prices, then it is likely this month, the stock market came to an end around 2700, the following I .from three angles to analyze why the current short is a wise choice: </ P> <P> 1, the tone from the policy point of view, will turn to anti-inflation </ P> <P> policy easing is expected to be difficult to honor, support .market factors that continue to rise sharply is not available. .Two months from the actual situation in the short term may be difficult to find the policy loosening. .</ P> <P> Recently, the State Council has started to pay attention and started to control agricultural prices, suggesting that inflationary pressures are increasing the chain. .As a result, money supply growth continued to slow down despite liquidity inflection point will appear. .</ P> <P> It is understood that the pork winning streak since late June for 8 weeks, or nearly 20%, as pork prices in the CPI weight of about 9% above the current market is expected in August's CPI would continue to uplink ., although the August CPI is not published, but is likely to August CPI 3.5% level. .</ P> <P> If the keynote of the policy in September, will be to support economic development to control liquidity, price control, and then played for the cooling effect of inflation, while the contraction of liquidity, although you can control inflation, but will affect the macro .economic growth. .This will further dampening market sentiment to do more. .</ P> <P> 2, mid-year report performance dressed, in fact, the money listed companies is poor </ P> <P> to see more people think the market: mid-year report of listed companies results far exceeded market expectations, which is sufficient to support the broader market .good day. .According to the investigation, this year's mid-year report of listed companies to achieve the net profit totaling 781.43 billion yuan, an increase of 46% of the sample companies in the second quarter comparable earnings growth of 26.1% qoq, better than market expectations. .But we should note that the stock of listed companies has not improved, indicating that earnings prospects are not optimistic. .</ P> <P> dressed in the data listed below, in addition to financial enterprises, listed companies live on the money when, that is, decline in operating cash flow, a drop of up to 50.01%, and is two consecutive quarters .declined. .In particular, the real estate sector net cash outflow of a listed company take the lead in tight cash flow. .</ P> <P> due to the impact of macro-control, housing prices in the first half of the net operating cash flow of 127.7 billion yuan year on year decrease sharply due to sluggish trading volume, inventory increased. .According to statistics, real estate by the end of June the inventory balances as high as 764.7 billion yuan, an increase of 47.55%, hovering at historic highs. .Once housing prices plummeted, the day the amount of stock price due to the impairment of poor sales, bank loans are not out, which will further deteriorate performance..