The results are out. Figure 6 shows that the Fed cut interest rates by 50 basis points for the first time in more than four years. One director voted against it. Yes, it was me who voted. This was unexpected. Every round of interest rate cuts in history has been accompanied by a recession in the US economy, that is, a weakening of the US dollar. So what impact will a weakening US dollar have on us? Let's analyze it in human terms. For example, Figure 3 is the offshore RMB index, which means that the money that can be exchanged for 1 dollar has become less. The purchasing power of the US dollar has decreased, and the money in our hands has become more valuable. This is the impact in the long run, which means that your life will be better. Then let's take a look at the reaction of global assets after the first interest rate cut in four years was announced last night. As shown in Figure 4, gold broke through $2,600, a record high, and the big cake hit 61,000 and then fell back. In the long run, it is good for the cake circle. Looking back at the recent US The performance during the COVID-19 period, in 2019, the price of pie climbed from $3,400 at the beginning of the year to $14,000 in four consecutive months, and then fell back. After nine months, it started a violent bull market and rose to $64,000. Figure 5 shows the performance of major assets after the historical interest rate cut. The US stock market fell, as shown in Figure 6. After the interest rate cut was announced in the early morning, the US stock market closed down collectively. The short-term operation of the high and fall is correct as we analyzed. Figure 10, in the long run, the spot on hand should be increased. #美联储宣布降息50个基点 #加密市场反弹