Goldman Sachs predicts five US rate cuts this year

Goldman Sachs China's chief economist flash Hui expected, based on the inflation downside faster than expected, the United States is expected to have five rate cuts this year, respectively, in March, May, June, as well as the third quarter and the fourth quarter. At the same time, Goldman Sachs China Chief Equity Strategy Analyst Liu Jinjin short-term bullish on A shares, that A-share liquidity better than H-shares, coupled with the "national team" power than H-shares, and A-share valuation is at a historically low level, so the probability of A-shares to win the H-shares in the short term is high. Liu Jinjin suggests focusing on science and technology in industry allocation, including hard technology and Internet sectors.