When IHS Markit produced a euro-area purchasing managers index of 58, more than most economists had forecast, it was at its highest level since February 2011. Any score above 50 indicates growth. Most western interest-rate determinism focuses on the analysis of supply and demand comparisons, arguing that interest rates are a price. The difference lies in what supply and demand determines interest rates. For example, Marshall's real interest rate theory emphasizes the real factors of non-monetary factors - productivity and the role of economy in determining interest rate decisions. Productivity is expressed by marginal propensity to invest, and the marginal propensity to save is expressed. (3) monetary benefits -- increase the monetary value of assets. There are both measurable and unquantifiable benefits in these three different forms of income. Among them: mental income is too strong to measure, monetary gain is easy to measure because of the static concept of value change. Economists, therefore, focus only on actual earnings. The other part of the republican strategy (known as "starve the beast") tax cut higher deficits will be used to fight for the so-called entitlement spending cuts, such as medicare, medicaid, food stamps and social security. Again, this is a risky proposition because the elderly, the middle class and the low-income americans depend heavily on these programs. Yes, the working and non-working poor, who get welfare or food stamps, include minorities who tend to vote for the Democratic Party. But the millions of blue-collar, socially conservative whites who voted for Mr Trump relied on these and similar schemes. t is more difficult to improve ability than to master knowledge. Profitability is dependent on ability, not knowledge, so you should understand why I say the ability to learn is the equivalent of trading profit. Ability can be divided into: the ability of market analysis, understanding of market performance ability, ability to sense the state of the market, the impact factors of market leading identification ability, reading ability in the subject matter of the charts, operation planning skills, and ability to execute. Any knowledge can be translated into its own ability only through its own concrete practice. At this stage, it is important to remain open and objective, and that is the principle that you can continue to learn and progress. The futures market moves forward through breaking rules rather than building market rules. This is an important feature of futures markets that are different from other markets. The futures market can only develop by maintaining uncertainty, rather than forming operation rules. Futures market is one of the most interesting feature is: the same information or trading tools on people who have different produce strange reaction, the same information or tools do not have uniqueness and correctness or authority, so, for trading, understanding of information and trading tool use is more important than the master information and tools themselves. Having a large amount of information and buying a large number of trading models will not help your analysis and trading profitability. The key is to see your understanding and application skills.