Investment Diary

At present, the U.S. House of Representatives has passed the debt ceiling agreement reached by Biden and McCarthy, which is almost a certainty. However, many investors worry that after the agreement is passed, the U.S. Treasury Department will issue a large amount of bonds to rebuild cash reserves, which may put pressure on market liquidity.
I don't think it's anything to worry about. Restoring a healthy balance between the U.S. Treasury General Account (TGA) and the Fed will require the issuance of approximately $750 billion in U.S. Treasury securities over the next 3 to 4 months. It only affects the market if liquidity shifts the risk premium by changing fixed income prices or sentiment, but these are currently not playing a role. Therefore, the outlook for economic growth, inflation and monetary policy is actually more important than TGA. "
Later, I will share with you the first high-quality growth stock of this month obtained through my AI system algorithm. I expect a profit of over 10%. Please pay attention to my message.