The origin of this bull market is due to abundant water sources; without this foundation, the current bull market would not exist, and there would be no bull market in A-shares. The Russell 2000 is the best barometer, and when the Russell 2000 is just one step away from its historical high, the bull market is certainly still on.

For example, the Great Beauty Act passed on July 4 allows the U.S. government to increase its deficit by 5 trillion in the coming years. From July 4 until now, the Trump administration has added a total of 1.1 trillion in government deficits...

The point of this example is that we don't know exactly where the water comes from, but from the results, the market's water source is abundant... for a while, the bull won't run away.