For many investors, the macro data is just a blur, and even many investors think that investment does not need to look at macro data, stocks or futures. Personally, I think this view is completely wrong. Take M2 as an example, its value is closely related to investors. M 1+M2 = deposits+residents' savings+other deposits, securities company customers' deposits, reflecting the actual and potential purchasing power. Usually, if you deposit your money in the bank, the bank deposit will deduct a certain percentage of the reserve ratio and excess reserve, and the remaining loans and investments, so M2 actually represents the situation of social investment.

In fact, I want to say that this is a very one-sided concept, but it is easy to understand, because our income includes consumer income and property income besides wage income, and our savings include other financial income besides wage income. Let's look at the formula. Even if our family income includes personal income (such as property tax) and financial income (various taxes and fees), we will change this formula.

M2 will enable us to have more wealth for investment and financial management. First, we can put assets in the stock market and measure the value of assets with the rate of return of stocks, so that we can measure a person's financial management ability while measuring the value of assets. Second, we can put our assets in real estate to measure the value of real estate. This can expand the scope of financial management, and the scope of financial management can be extended to all family assets. Therefore, the size of assets directly reflects how strong the existing financial management ability is.

We must regard assets as our main tool to improve the quality of life and increase family wealth. After deducting the statutory reserve and excess reserve from the total amount of bank loans and investments =m2, we can look at the bank investment.