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Action plan for FED

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Cultivate the virtue of patience before returning to invest

• Stock market prices travel 10-15% above pre-Covid highs despite some recent adverse events • The flattening of corporate profits, which began in March of this year, nevertheless seems to signal the

China at large maneuvers amid threats and new growth prospects

• Growth is slowing down sharply in the last quarter mainly due to factors related to Covid. This will not fail to penalize the global economy although in 2021 the Chinese economy is expected to grow

Get ready for new opportunities

• Recovery of the global economy and strong determination of governments to carry out the structural plans for the relaunch set up an objectively favorable scenario • The rally in the Treasury, despit