First, the interest rate reduction cycle is still ongoing. Although the magnitude and frequency of rate cuts have decreased, the United States is still in a rate-cutting cycle, and this has not changed.
Second, a strong economy is key. More importantly, the U.S. economy remains very strong. As long as the economy maintains its strong momentum and corporate revenue is good, the market will naturally perform well. After all, an economic improvement means increased corporate profits, and liquidity will naturally become more abundant.
Overall, there is actually no need for excessive concern. Although the Federal Reserve has reduced the number of rate cuts, market liquidity has not been weakened; rather, it may become even more abundant due to the strong performance of the economy.