Wu said that Mark Spitznagel, founder and chief investment officer of Universa Investments, said in an interview with Bloomberg TV that although the stock market has hit a record high and expectations of a soft landing for the economy have put the market in a "just right" state, investors need to be wary of the possibility that the economic slowdown may cause the market to suddenly collapse during the Fed's interest rate cuts. He expects global markets to face a "heavy blow" before the end of this year, especially when the yield curve returns to normal, it will enter the "black swan" risk area. Spitznagel also warned that risky assets such as gold and cryptocurrencies will fall, bonds may become a safe haven option, and expects market volatility to rise sharply in the coming months.