I Offer a Word of Advice for the CCP Stock Market: Written on the Second Anniversary of Peng Lifa's Sitong Bridge Protest
Wall Street Journal Article: The Current Bull Market in US Stocks is About to Turn Two Years Old, Why the Rally May Still Continue **The current bull market in US stocks is about to turn two years old, marking the latest milestone in this rally, which has exceeded the expectations of almost all bullish investors on Wall Street.
Since the S&P 500 index hit its bear market closing low of 3,577.03 on October 12, 2022, the index has risen more than 60%, according to FactSet data. This rally has been much faster than many financial professionals anticipated, prompting Wall Street firms to repeatedly raise their year-end targets to keep pace with the stock market's ascent. In stark contrast, China's stock market has experienced a three-year decline, only recently seeing a National Day rally initiated by Xi Jinping. Most investors, both inside and outside China, are not optimistic about this, believing the downward trend will continue.
I would like to offer a suggestion to the CCP here that could immediately reverse the fortunes of both the Chinese and US stock markets. What is this suggestion? It is to immediately and unconditionally release Peng Lifa. It can be said that the current bull market in the United States began at the moment Peng Lifa unfurled his banner on the Sitong Bridge.
Is this a coincidence? Perhaps most people feel there is no connection whatsoever. However, there are not that many coincidences in this world without any connection; quantum entanglement has already proven the absurdity of the world. The moment I set the theme for this article, the two achieved quantum entanglement and became connected and interactive.
Why did Peng Lifa drive up the US stock market? Because Peng Lifa's Sitong Bridge protest allowed the free world, led by the United States, to regain its confidence. Before that, Americans had indeed begun to doubt themselves, no longer being 100% convinced of their own system. Due to China's continuous high-speed economic growth for more than twenty years, quickly becoming the world's second-largest economy, Americans felt they were soon to lose their position as the world's largest economy. Especially in the early stages of the pandemic, the stark differences in how the US and China handled it led some Americans to envy the institutional advantages of China's authoritarian system. At that time, China even set new records for utilizing foreign investment. It can be said that China's authoritarian system, in the early stages of the pandemic, made the free world look at this system with new eyes and develop deep self-doubt, causing a large amount of capital to flow into China.
However, the plot soon reversed. The disadvantages of the authoritarian system, like their history, soon emerged. In pursuit of so-called dynamic zero-COVID, various absurd things happened: patients had no medicine, pregnant women had no one to deliver their babies, daily necessities were cut off, doors were welded shut, and the entire city was imprisoned. However, the international community at the time was too busy with their own domestic epidemics to pay attention to these matters. Discussions of these human tragedies were confined to the Chinese-speaking world, until Peng Lifa raised his banner on the Sitong Bridge and lit the beacon.
Thus, the world looked here – they began to dedicate some attention to understanding the reality of China's authoritarian system's response to the epidemic. When they saw the content that had been circulating in the simplified Chinese-speaking world for a long time, they realized that the one who was unbearable was the CCP. Consequently, money that had flowed into China, or was planned to flow into China, began to have doubts, slow down, pause, return, or divert.
If China is no longer a viable investment, where else is there? It must be the United States. Thus, the bull market that has lasted for two consecutive years began. Can China turn this situation around? Yes. Rise from where you fell: unconditionally release Peng Lifa; affirm Peng Lifa's protest as the trigger that pushed for the end of dynamic zero-COVID; establish Peng Lifa's status as a national hero; and demonstrate an open and inclusive attitude to the world. **This would allow the world to re-evaluate the advantages and disadvantages of the Chinese system, thereby winning the trust of global investors and encouraging them to invest in China again.
Once capital begins to flow back into China, it means capital will be withdrawn from the United States, and the stock markets of both countries can reverse simultaneously.
This is the suggestion I offer to the CCP on the second anniversary of Peng Lifa's Sitong Bridge protest. While most people might find it absurd at first glance, if you carefully analyze the underlying logic, you will realize that this is a serious suggestion, as I truly wish to rescue hero Peng, even if the price is the revival of the CCP.**