The US stock market should have officially started to pull back last week. I guess blindly. The end of the pullback is the time for interest rate cuts.

The outbreak of ChatGPT in the first half of 23 years triggered the concept of AI, reversed the trend of the US stock market, and also invalidated the Kondratieff cycle. It is completely invalid to use the previous economic characteristics to predict this round. If there is no AI to forcibly change fate, the US stock market should have fallen to shit and interest rates would have been cut long ago.

But the US stock market did not fall and soared all the way, so how can the Fed cut interest rates?

It must be waiting for the AI ​​hype to end and the US stock market to pull back sharply, and then cut interest rates naturally. Only at this time can the interest rate cut be truly meaningful and can regulate the market cycle.

Otherwise, the US stock market has been driven up by AI, and a large amount of hot money has been created. Cut interest rates? Release more hot money? How is it possible.

The node of interest rate cut must appear when AI stocks pull back sharply, ending this wave of rise. Then the Fed will come out to cut interest rates to release funds to save the market and regulate social liquidity.

GPT is the biggest variable in recent years and has reversed many things, but the economy is like the tide, where there are highs there must be lows, and the cryptocurrency world is no exception. Even if it gets higher and higher, just be patient and wait.