Good morning, the recent market has caused panic among most people, and many friends even asked Sister Na if there is no bull market anymore. I don’t think the market is dead because capital has not withdrawn. There are several reasons.

1. The United States continues to have high interest rates, but is still unwilling to cut interest rates.

2. The high interest rates in the United States make everyone walk on thin ice. Many bonds and various mortgages in the United States can no longer hold up. The economic challenges are severe.

3. Japan has been quietly selling US bonds to save itself, and some commercial real estate mortgage bonds in Europe and the United States are also losing money.

4. The Federal Reserve itself is also cautiously testing and carefully cooling down the mines it has buried. I think it is impossible for the United States not to cut interest rates all the time. If it does not cut interest rates, the debt will become larger and larger. I think it is possible to release water appropriately.

5. At present, the Federal Reserve is also turning its attention to the September interest rate cut. More than half a year has passed in 2024, and the currency circle has slowly exploded since November last year, reaching a high point in April this year. A lot of funds have not yet entered the market, and are watching and waiting. In this case, it has not yet fueled a high point, and the market cannot end.

6. It only takes one month to pull the market up, but it takes three months to crash the market. I think people should not panic and throw away their weapons at this time. At this time, at the bottom, what could be worse than this!