The last time this happened was in August 2007, and then a famous financial market happened, which made many investors still have lingering fears about this financial crisis that originated from abroad and spread around the world. Nowadays, the three-month and 10-year yields of US Treasury bonds are upside down, which will also cause various funds, including assets in the A-share market, to be cautious in the next actual operation, and some investment institutions will re-evaluate the next use countermeasures, resulting in a more traditional and hesitant sales market.

"What should come will come"-Murphy's Law. The settlement of Buddhism in COVID-19 by European countries and people led to the outbreak of the epidemic, and the financial market ushered in a dark moment that Warren Buffett called "speaking before it is too late". Wall Street in the United States collapsed twice in a week, and the global stock market is in a great flight of risky assets. After experiencing this difficult "grey-black week", more than 50 financial systems entered the professional bull market, and US stocks also set a record of falling into the professional bull market in the shortest time.

The annual interest rate of long-term debt of major economic powers in the world has greatly increased, but most of them have no stable profit application for science and technology stocks. Last year, the valuation increase generated by the application of low rates was not digested and absorbed by sales performance. Once the annual interest rate rises, it is likely to kill them. No matter from Nasdaq index, GEM index or Hang Seng Science and Technology Index, since 20021,the technology sector has generally underperformed the stock market, which has established a significant development trend, and the valuation of the technology sector has also experienced the economic bubble in 2000. On the contrary, the low-valued pro-cyclical time plate has gradually shown some ductility, and the possibility of using the king of value to return is increasing.

Affected by the COVID-19 epidemic in the second half of the year, foreign financial policies and the US Treasury bond market, conventional network resources products have entered a rising period, while high-tech products at the top of the processing and manufacturing industry look too high. The reduction of everyone's specific consumption power will also promote the aging of the sales performance of new technology products and further accelerate the decline of the technology stock market. Once the downward trend is clear, the role of follow-up assets will make them leave the technology stock market. Therefore, in 2022, we should pay due attention to the network resources sector.