The essence of investment lies not in predicting the next market move, but in adhering to investment discipline and keeping a long-term focus, allowing oneself to always be in a favorable position!
U.S. stocks continue to rise strongly. The S&P 500 index set a record for the first 'nine consecutive gains' in nearly 21 years in early May, rebounding 14% from recent lows, marking the largest nine-day gain in history. Such a trend is indeed rare.
On April 2, the U.S. suddenly announced punitive tariffs, akin to dropping a bombshell. The market, which had already retreated from its peak, plummeted in response. As the tariff conflict escalated, especially with the intensifying U.S.-China rivalry, the global market experienced severe turbulence.
Investors fell into a panic sell-off, and the market was filled with questions like, 'Is this the beginning of the end?' Concerns about recession and bear markets rapidly heated up, with the term 'stagflation' returning to the media and social networks' hot topics list. During this turmoil, over $9 trillion in global market value evaporated.