Accessible version 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 The Flow Show China in a Bull Shop Scores on the Doors: oil 62.5%, global stocks 12.7%, US stocks 12.5%, US dollar 3.0%, cash 2.7%, HY bonds 0.6%, gold -1.1%, IG -2.8%, bitcoin -3.7%, govt bonds -4.0% YTD. Zeitgeist: "Policymakers never run out of ammunition. But they can run out of credibility, and when they do, more ammo needed to restore financial order." Zeitgeist: "Trump would love Xi's bond yields, but Xi don't want Trump's stock market." The Biggest Pic ...