Today, there are two important meetings taking place globally.

One is our two major meetings, which will announce a series of goals for this year; the other is Trump's speech in Congress, where he will discuss his plans moving forward. Both meetings have stirred the hearts of global investors, and so far, they are all positive signals.

First, let's talk about the situation in the U.S. They have started to stabilize the market. Last night, U.S. Treasury Secretary gathered several institutional leaders for a meeting, simultaneously sending positive signals to the market, which finally halted the decline of U.S. stocks.

However, the core issue is that Trump's speech today did not create any chaos. Although he addressed issues like tariffs, he did not clarify or raise them. The market breathed a sigh of relief.

Trump specifically mentioned the CHIPS Act, stating that he believes this act should be abolished. The CHIPS Act was signed by Biden, and the U.S. government provided hundreds of billions of dollars in subsidies to American chip companies for their development in the AI sector, on the condition that these companies cannot cooperate with Chinese firms.

Well, now he wants to abolish it. Trump is now both popular and specialized; he really is a hidden comrade! However, he feels that since chip companies can make money, there is no need for subsidies, and it is impossible for them to genuinely assist China.

This month, there are several risks in U.S. stocks, one of the bigger ones being his speech today, which has now been dismantled, but there is still the upcoming Federal Reserve meeting, and the key is still to see Powell's attitude in his statements.