We need to understand two things at the core.
First: The United States is still in a cycle of interest rate cuts, but the magnitude and frequency of interest rate cuts have decreased, but what remains unchanged is that it is still in a cycle of interest rate cuts.
Second: This is more important. The US economy is still very strong. As long as the economy remains strong and companies maintain a good revenue margin, the market will rise. After all, the economy is good, companies are making money, and liquidity is sufficient.
So in summary, there is no need to worry. After all, the Federal Reserve has only reduced the number of interest rate cuts. However, the liquidity itself has not been withdrawn. On the contrary, due to the strong economy, liquidity may be more sufficient.