Teetering on the brink... when will it end... some are taking delivery while others are empty... Even if this is not the bottom... it shouldn't drag on too long in terms of time... Just do it...
Every day a group of people is about to explode with optimistic emotions, the panic index remains high, if it doesn't drop, is it just giving money away mindlessly to everyone... damn it, it looks like it still needs to go down and grind a bit...烦烦烦
The market has already traded in the expectation of a rate cut. If there is no rate cut, the market will plummet, but the Fed will not do anything weird. . .
Because I need to follow him to reply... Trouble... And I'm afraid he will be angry with me... So I'll reply here... Excerpt from Chapter 19 of Zilu's First Encounter Zigong said: "Duke Ling of Chen was promiscuous in the court, and Xie Zhi was killed for admonishing him. Is this the same as Bi Gan dying for admonishing him? Can it be called benevolent?" Confucius said: "Bi Gan was a relative of King Zhou, and he was a junior teacher. His loyalty was to the ancestral temple. He must fight to the death, hoping that King Zhou would regret it after his death. His original intention was to be benevolent. Xie Zhi was a senior official of King Ling, and he was not a relative of his flesh and blood. He was favored and served in the chaotic court. With his own body, he wanted to correct the promiscuity and stupidity of the country. His death was useless. It can be said that he was wasted. The poem says: 'The people are many, but no one can be self-reliant.' Is this what Xie Zhi meant?"
About interest rate cuts The Federal Reserve is likely to cut interest rates by 25 basis points in September. . . The slow rate cuts show that the U.S. economy can still hold on, which is a good thing, indicating that there will be no sharp drop after the rate cuts. . . At the same time, the commercial real estate loans mentioned earlier, this package 💩 seems to be temporarily held, and now the general debt packages are all falling in price... Looking at the pace of global interest rate cuts, the pace of interest rate cuts in all developed countries such as Canada, the United Kingdom, and Australia is clearly ahead of the United States. . . This will cause funds to slowly flow to assets denominated in US dollars... Whether it is government bonds, money funds or risky assets... It will have a blood-sucking effect on funds around the world. . . Japan should not raise interest rates this year... This also causes Japan to continue to bleed to the United States. . . Through the interest rate levels of the United States and other developed countries in the world, we can draw a conclusion. . . The evil capitalist United States wants to suck the blood of assets all over the world. . . And it is a relatively slow process. . . So in the future... assets denominated in US dollars will grow slowly... After all, if Japanese people put their money in the Bank of Japan, they will only get 0.25, but if they put it in the Bank of the United States, they will get 5. Canadian rich people are more willing to put their money in the Bank of the United States because of the large interest rate cuts in their country. . . In this way, the money in the world . . . will gradually be retained in assets denominated in US dollars. . . The damn American imperialism is playing an open conspiracy... grabbing assets from all over the world... There is nothing we can do... So... Don't be afraid of a hammer... Just do it.
Generally, low-amplitude consolidation will lead to an increase in leverage ratio, and after the consolidation, there will be a sharp breakthrough. I am not sure whether there will be a second retracement. But here high leverage is always targeted.