Someone asked me whether the non-farm data on May 3, 2024 was not ideal and it was expected that interest rates would be cut this year. Will the interest rate cut accelerate the arrival of the bull market in advance?
First of all, the interest rate cut will definitely accelerate the arrival of the bull market. Whether the bull market will come or not depends on whether the incremental funds in the market increase. If there is no interest rate cut, the incremental funds in the market are all playing games, and there will not be a big bull market.