The Federal Reserve decided to suspend interest rate hikes after the September meeting, but the Federal Reserve Chairman Powell's speech showed the eagle view, saying that this year may raise interest rates again, and at the same time, the high interest rate period will continue until 2024 in 2024EssenceSensitive to interest rates, the US stock market with high -tech companies as a leader will turn around and decline; negative emotions related to related markets affect the global stock market. The Shenzhen stock market index fell below 10,000 points on September 21.

At the same time, a hot topic appeared in the Chinese social media circle, "The end of the investor is the mage", and the topic is Master Xuanyun, the Qianfo Temple of Nantianmu Mountain, China.According to the introduction, Master Xuanyun was a venture investor in the investment circle before he became a monk, and participated in large investment projects including listed companies reorganization.For many years of business experience, perception should not only chase the popularity of the world, and then make a monk.

The black and humorous is that the introduction of this mage came from an event announcement four years ago.Earlier, the WeChat public account article of Qianfo Temple in Nan Tianmu Mountain has long been maintained at the low browsing volume of three digits for a long time, and the continued downturn's stock market and the sudden hot metaphysics became interesting.When the public has no confidence in economic prospects and loses the direction of the stock market prospects, metaphysics seems to be a psychological support and solution for the next stop.

In the financial perspective column of the Lianhe Zaobao Edition this year, including Ye Pengfei, the director of the speech team and several articles, all pointed out that the era of high interest rates worldwide in history is the norm. In the past few years, the investment circle and the stock marketAmong them, many "myths" story that uses low -cost or even hot money to make fast money can only be a flash of flowers in the long history.The public's economic activities and financial transactions will eventually return to the basic laws of "one point of cultivation and harvest".

The tide is retreating to show real gold and silver.In the high interest rate era, the enterprise must have a stable and sustainable profit model, focusing on the principle of "cash as king", and maintaining health cash flow, which is the fundamental way to survive by enterprises.

By burning money in exchange for market share,

In exchange for market share, it has no longer obtaining capital favor.Deeply cultivate your familiar business field, accurately optimize each business process, and pay attention to long -term planning and investment, will have a better chance to become a unicorn in the next capital market.

Expansion to the national level is "there is food at home, not panic in my heart."In the current chaotic era, a country must have a strong fiscal reserves and talent reserves in order to calmly apply various policy tools to ensure people's livelihood and promote development.In the face of global inflation and high interest rates, the Singapore Financial Authority maintains a strong policy of Singaporean and its strong purchasing power, which effectively relieves the pressure on living expenses caused by inflation.At the same time, due to the increase in the average income of the 10 -year Singapore government bonds, the annual interest rate of the special account and health savings account provided by the government to the Chinese people can provide a record high of 4.04%.

On the other hand, the strong Xinyuan also increased wealth to Singapore's financial shelter: Singapore currency against other Asia, appreciated by about 20%in the past two years.If you consider the dividend dividend of most local blue chip stocks and the international capital that is flowing into Singapore, you can get considerable long -term returns.In the era of high interest rates, the potential value of the Singapore stock market and the foreign exchange market will be better excavated.

As a small country that lacks natural resources, the Singapore government pursues rigorous fiscal discipline, insists on balanced revenue and expenditure, and does not debt to children and grandchildren. During the crisis, a national reserve is used to use a comprehensive dual -key mechanism.At the same time, the government also attaches great importance to education investment and maintains social liquidity.In the latest 2023 World Talent Ranking List of the World Competitiveness Center, Singapore ranks 8th in the world and ranks first among all Asian economies.

Back to the hot topic of "success needs metaphysics", I think: success has no so -called shortcuts, and there is no so -called cheats that are rich overnight.Whether it is the country, enterprises, or individuals, only by the long -term hard work of the earth, only the correct direction of its own development can accumulate the soft power that dares to face various challenges, and can we build the hard power that stands out in the competition.

The author is the president of the Asia -Pacific Regional Enterprise Group