According to Jinshi Data, Thomas Hayes, an analyst at Great Hill Capital Llc, said that since the release of the U.S. non-farm payrolls report last Friday, everyone has been nervous about the recession caused by the Sam Rule. The number of initial jobless claims was lower than expected, easing people's concerns about a complete collapse of the labor market. Our economy is quite strong and there will be no imminent recession, so we can wait a few more weeks for the Fed's first rate cut.