Let me talk about the Fed's interest rate cuts in US history. There have been 7 rate cuts, with the most recent one in 2019 to 2020. Let's take a look at what happened to the stock market at that time. The previous rate cut was in 2007 to 2008, and we can see the fluctuations in the stock market. That time was the subprime mortgage crisis. Now, in 2024, the US is about to experience its eighth rate cut in September. There is no need to guess whether there will be a rate cut, the most important thing is how much the rate will be cut by. Many people are pessimistic about the US and talk about dollarization. If you have read my previous statements, you would understand that the US is a society of talent and knowledge, and all those talks are nonsense. After a hundred years, the lower the rate cut, the stronger the rise, because the cost of financing is lower. Now, some of the risks have already been released in advance.

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