According to Jinshi, Zhongyuan Securities Research Report pointed out that the current economy is in a stable recovery stage, and the foundation of recovery is still unstable. It is necessary to continue to boost demand and promote a sustained recovery in the economy. With the decline in PCE prices, the probability of the Fed's interest rate cut in September has increased. In the future, the overall stock index is expected to maintain a volatile pattern, and it is still necessary to pay close attention to changes in policies, funds and external factors. Zhongyuan Securities recommends that investors pay attention to investment opportunities in industries such as semiconductors, tourism hotels and batteries in the short term.