! ! Important notification! !

! ! Does Europe's interest rate cut mean we've won? !

Assessing the current situation, the Federal Reserve is already planning the next two or three steps. A rise in Japanese yen interest rates has supported liquidity, while euro zone interest rate cuts once again pushed the US dollar index higher, achieving the effect of raising interest rates despite the Federal Reserve no interest rate increase.

Of the six currencies linked to the US dollar index, the euro accounts for more than 50%. The euro's interest rate cuts will continue to keep the US dollar passive and strong, and will continue to have a blood-sucking effect around the world. in the second half of the year. Furthermore, the fundamentals of the US economy are quite solid, especially some of the top US stocks have returned to good results. Even as commercial banks and commercial real estate come under pressure and the economy slows, that doesn't stop the wealth effect. from continuing to increase. This is the exact opposite of our Contrast. At the same time, geopolitical instability will also strengthen the safe-haven properties of the US dollar. Therefore, the Fed still has room to raise interest rates once, and the current interest rate is not unbearably high.

The recent sharp decline in gold and Bitcoin appears to be Wall Street's attempt to squeeze some money into the bond market. In short, the left hand is still the right hand and the Federal Reserve can still operate on its own. $BTC