Don't have doubts about a bear market; if it's time to short, then short a bit. You won't lose out, and it's much better than just going long. The tariffs from the knowledgeable king have already been clearly stated; they are aimed at the Federal Reserve. Didn't you say that good data means there’s no need for interest rate cuts? Didn't you say a strong economy doesn't need interest rate cuts? The knowledgeable king has raised tariffs to the max, and he might increase them at any time. If this isn't working, the knowledgeable king might even suspend trade relations, using public opinion to control the local lords. In such an intense confrontational environment, how can the economic situation improve?