Let's talk about the interest rate cut. The interest rate cut rate in June has been reduced from the initial 89% to less than 50%. In addition, Powell has said that three interest rate cuts will be achieved this year. This topic is quite thought-provoking. It is indeed difficult to achieve three times at this pace.
If the interest rate cut is carried out for 25 years, then hot money will come in, which is a good opportunity for the market. In this way, it seems crazy to judge it for 25 years.
Why do you say that it may be 25 years before the interest rate cut? At present, the Federal Reserve has only two choices, either to continue issuing bonds or to meet expectations. At present, the huge debt and interest can be said to be a disaster if not handled properly.
The step-by-step process is really great for us. There are stories and expectations. At least this way we can look forward to the stories of the next year.