Since 2020, the unstable factors in the global market have been increasing, especially due to the long-term impact of the epidemic, which will lead to the tightening of local government finances and the reduction of personal consumption, and ultimately have a negative impact on economic growth. Relatively speaking, the macro-control and investment strategies of market institutions and fund companies are relatively flexible, so after a period of adjustment and revision, the fund market will gradually recover. At present, the fund market in the second half of this year will not be too good at present, but it will not be too bad. Out of a relatively stable state.