According to Odaily, BCA Research's Chief Global Strategist Peter Berezin recently highlighted the need for investors to brace for a potential recession in the United States. Berezin emphasized that the Federal Reserve might not be able to prevent an economic downturn, necessitating a shift in investment strategies. He pointed out that the Federal Reserve's previous rate cuts in January 2001 and September 2007 were followed by recessions within months. Currently, the market anticipates the Federal Reserve to cut rates by more than two percentage points over the next 12 months. Berezin suggested that unless the Federal Reserve adopts a more accommodative stance than currently expected or an economic recession occurs, long-term Treasury yields are unlikely to decline significantly from their current levels.