The United States can't hold back for too long. A rate cut is a highly probable event. The only difference is whether it will be cut in September or November.

Before and after the rate cut, the liquidity of the US dollar may be relatively tight, because a large amount of funds will be used to buy US bonds. If various data continue to decline, the correction of US stocks is inevitable.

We are now waiting for the US dollar to cut interest rates, holding back to maintain the interest rate spread and exchange rate. If the US dollar starts to cut interest rates, we will have room for operation, and everyone will be able to breathe a sigh of relief. However, I estimate that bonds are still better than stocks.

​Hold on, reduce operations to increase the lower limit, and look forward! !