The US stock market has reached a new high, but the market is still fluctuating widely. There is still pressure above 70,000. Selling pressure exists. After all, the market above 70,000 is the position of the sharp drop in March and April. The market is seriously locked in and needs some time to digest. Another factor is that the core inflation data of PCE will be released soon this Friday. Funds will most likely choose to wait and see before the data comes out. Therefore, the probability of fluctuations in the next few days is very high. Brother Ming is optimistic that PCE on Friday will meet expectations or be lower than expectations to continue to consolidate the expectation of two interest rate cuts this year (in September and December respectively). In fact, there are only three months left before the Fed enters its first interest rate cut cycle (if everything goes well). The real starting point is after the interest rate cut. Be more patient. #5月市场关键事件