Known benefits so far:
1. The Fed will cut interest rates, but it will be slower than expected
2. In the US election, whoever is elected may be beneficial to the currency circle. Of course, Trump will be better.
3. FTX compensation, if accelerated, would be a surprise
Remaining uncertainties:
1. U.S. stocks are sluggish and seem likely to pull back at any time
2. Even if there is a correction, it is undeniable that it is still Niu Chu’s A-share market.
3. Risk of escalation of war in the Middle East
