How to forecast interest rate？如何预测一国利率？ Interest rate is the key tool for government to adjust money supply to economy.The easiest way to predict is to follow the Central bank's announcement.Other ways including monitor economy, labor market, bond market and stock market to timing the Central Bank's movement.

What is the PE for stocks?-股票的PE倍数是什么？-2022.11.20 PE ratio is a calculated number with less meaning. PE comes from Stock price and earning per share. Stock price is flucating around stock's real value. Stocks value derive from company's net income and discounted by interest rate.Earning per share derives from company's net income.So PE ratio is the pure value of company net income growth rate and interest rate. --2022.11.20

Daily commentary-每日见闻-2022.11.19 Gloabl environment:Politics:US:GOP controlled House with minor advantages which is totally out of expects. This indicated people not really trust GOP as expected or on the other hand, people didn't hate Democrats that much. What US people most care are income and happiness.China:China is on its way of lifting covid-zero ban. Nationaly activities may back to normal. China internal politics are more stable after 20st communist party congress. Political buro is focusing on building international relationships now.UK:New Prime Minister Rishi Sunak tried to change investors view on UK insolvency by increase government income and reduce expenditure. He is a veteran of investment and konw how to deal with economy. Sunak is close to US.EU:Govs are increasing spending to boost economy. But it mean high deficit.

Chiplet Industry Trend-芯粒行业方向-2022.11.17 Industry:Policy Updates: NAMarket updates:Intel, AMD, Nvidia, Apple increase R&D on chiplets;Techology updates:Intel formed UCIe association aim to control the chiplet ecosystem. CCITA is in process of setting its own Chiplet standards. PIO enjoys a great potential in communication field.Investment updates:China chip packaging firm who have the knowhow on chiplet is enjoy higher stock prices.Company updates:N/A. Intel TSMC may win big from Chiplet.2022.11.17

Daily commentary-每日见闻-2022.11.11 Big events:Covid19:Covid has caused economic losses of more than 1 trillon USD. These losses happened in medical expenses,， production reduction, spending cut, transportation reduction, travel reduction, etc. China should account for 30% of these losses. China GDP loss more than 2%, which is about 2 trillon RMB or 300 billon USD. China spends