Three steps to teach you how to build your own macro analysis system #Bitcoin#Blockchain#currency Circle#Transaction#Financial#Ethereum#Why is it said that learning macro analysis can only cross cycles in the bull market?

Brothers, if you want to avoid detours in the market, the first thing you do is to have your own macroeconomic analysis framework. Why? Because there are too many news in the market every day, most of them are actually noise. What can really determine the direction of the market is the underlying logic of economic operation. You must be able to understand the relationship between the major parts of "central bank, bank, finance, finance, and real economy" so that you can grasp the trend in fluctuations and allow investment to cross cycles and avoid being led by short-term news. Do you usually have this feeling: you are watching the market every day, but you are still prone to following market sentiment? Then how do you set the frame? I'll tell you apart. The first step is to think clearly about the purpose of the analysis. Are you more concerned about economic growth? Or would you rather study the cycle? Still want to know how money flows in the production and distribution links? Different purposes, the focus of the framework is different. The second step is to stratify the economy. The economy can be divided into two major parts: one is the real economy, such as production, consumption, and investment; the other is the financial level, which talks about how money flows in the market and how asset prices change. The third step is to build the main frame. The three most core parts are the banking system, the financial market and the real economy, and then putting the fiscal system in it, this is a relatively complete basic skeleton. So what exactly should we look at? Let’s talk about the central bank first. It depends on its balance sheet and policy tools, such as affecting the market through liquidity tightness. Let’s look at the supply and demand of funds. Indicators like social financing and M2 can reflect whether the money is wide or tight. Then there is economic growth. If GDP is separated, you can see clearly where the growth momentum is.