On March 20, Jin Shi Data reported that after the U.S. economy nearly fell into a soft landing, the Federal Reserve is now facing a series of more concerning situations. GSFM investment strategy advisor Stephen Miller stated that inflation is receding; the Intrerest Rate is declining; bond yields will decrease, all of which have led to a booming stock market. He added that the Fed's predictions have now shifted to a slight stagflation scenario, but there are still many areas where things could go wrong. Transitory inflation may persist, and there is reason to believe that the risks of persistence are currently very high. As governments adopt protectionist measures, the regression of globalization in the commodity markets exacerbates price pressures, and the structural trend of U.S. inflation is developing in an unfavorable direction. Immigration restrictions and the exit of the baby boomer generation from the labor market will also exacerbate inflation. He added that the likelihood of a recession in the U.S. economy is currently about 50%. #美联储3月利率决议 #多种山寨币ETF申请中