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On May 26th, at the Alipay AI Payment Ecosystem Conference, Ant Group CEO Han Xinyi stated, "The essence of commerce remains unchanged in the AI era, but the new role of intelligent agents is reshaping everything." He believes that in the era of the intelligent agent economy, the essence of commerce and the ultimate purpose of AI to serve people remain unchanged. The difference is that the payment is executed by AI agents instead of humans, the continuity of service is guaranteed by computing power scheduling, and seamless payment is supported.On May 26, the State Council Information Office held a regular policy briefing to introduce the "Implementation Opinions on Promoting the Provision of Basic Public Services in Place of Residence" (hereinafter referred to as the "Implementation Opinions"). Jiang Chengjia, Director of the Planning, Finance and Legal Affairs Department of the National Healthcare Security Administration, stated that the National Healthcare Security Administration is effectively guaranteeing the participation rights of key groups such as primary and secondary school students and preschool children with non-local household registration, promoting the realization of "where you reside, where you participate in insurance, and where you enjoy benefits." Next, the National Healthcare Security Administration will intensify its efforts in accordance with the "Implementation Opinions" to continuously improve the level of universal healthcare services.The Bank of Japan stated that Deputy Governor Shinichi Uchida plans to attend the June monetary policy meeting in person or participate remotely from within the Bank of Japans offices.The Bank of Japan said that Deputy Governor Shinichi Uchida plans to resume working at the Bank of Japan office starting Wednesday.On May 26, the State Council Information Office held a regular policy briefing to introduce the "Implementation Opinions on Promoting the Provision of Basic Public Services in Place of Residence" (hereinafter referred to as the "Implementation Opinions"). Zheng Bei, Vice Chairman of the National Development and Reform Commission, stated that promoting the transfer of public services based on residency should be achieved through the mutual recognition of residence permits and length of residence, ensuring continued access to public services. The "Implementation Opinions" clearly state that the mutual recognition of residence permits and the conversion of length of residence or residency points will be promoted to guarantee the continuous enjoyment of basic public services by the floating population. This means that when a persons place of residence changes, the length of residence in the previous city can be accumulated or converted in the current city in a certain way, thus ensuring continued access to public services.

S&P 500 Price Forecast – S&P 500 Futures Pulled Back

Skylar Shaw

May 17, 2022 10:29

Analysis of the S&P 500

During Monday's trading session, the S&P 500 dipped slightly as the futures market remained very volatile. It's understandable that we'd prolong the broader slump by pulling back in this manner. After all, inflation, a weakening economy, and, of course, contagion from other markets are still major worries. Large funds are being forced to sell other holdings to compensate losses, which has a "knock-on" impact.


I expect a lot of resistance between 4100 and 4150. The commotion continues all the way to the 4300 level, where the 50 Day EMA is now trading. To put it another way, we have a lot of potential opposition to overcome in order to shift the general trend, and I honestly don't see myself buying this market anytime soon. On the downside, we might soon turn our attention to the 3900 level, which has previously provided some support.


Breaking through the hammer just below there would open the floodgates to further lower prices, which, to be honest, wouldn't surprise me at this point. It's worth noting that the Friday candlestick was bullish, but with minimal volume, and was most likely a "short covering rally" going into the weekend. Only volatility can be predicted.

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