[Chen Li of Sichuan Securities: The Fed's 50bp rate cut is intended to provide relief, and global assets are experiencing new trends] According to Jinshi Data on September 19, the Fed unexpectedly cut interest rates by 50 basis points, exceeding market expectations. Chen Li, chief economist of Sichuan Securities, said that this rate cut is more inclined to provide relief, aimed at responding to the employment pressure emerging in the US economy. This move will affect the global market, and the depreciation of the US dollar may lead to lower import prices and increased export pressure in China. Chen Li suggested that investors pay attention to safe-haven assets, especially gold and medium- and long-term high-quality bonds. In addition, he also emphasized the importance of fluctuations in agricultural product prices and undervalued assets in the current market environment. (Yicai) (Reprinted from: Jinshi Data)