The start of this bull market is likely to be a rate cut.
The timing of the rate cut is the most concerned topic in the financial circle now. The market generally believes that it will be in September. Of course, there are different opinions. The International Monetary Fund (IMF) believes that the rate cut should be postponed to the end of the year.
They believe that clear data is needed before the rate cut to show that inflation has returned to the target of 2%.
The global economy is facing adjustments, and the current situation in the United States is not optimistic, especially Biden does not have much support. Perhaps Trump's inauguration is a foregone conclusion. He is now in urgent need of winning the hearts and votes of the people by revitalizing the economy. The rate cut is his only way to restore the economy. The main reason is that Trump said he does not want to cut interest rates before the election. This is Biden's opportunity.
Therefore, we can infer that the rate cut may come earlier than expected!