The biggest thing in the capital market during this period is that the United States has started a cycle of interest rate cuts and entered a phase of gradual monetary easing after a lapse of 4 years, and China has rescued the market again. This period should be the starting point for the great changes in the global capital market in the future, because both China and the United States need to find a way to solve the crisis.

For the United States, it is necessary to try its best to stabilize the economy to ensure its soft landing, promote the AI ​​technology industry, and even try to maintain the core interests of the dollar hegemony by developing encrypted assets.

For China, real estate is basically impossible to become the core engine of economic operation, and the model of "selling land-high housing prices to harvest ordinary people" and being a house slave for decades is also unsustainable. Thirty years of east, thirty years of west, real estate can no longer be relied on, and can only force the development of the capital market, guide advanced productivity to develop high-quality enterprises, employment is good, consumption is good, and a positive cycle.