The Federal Reserve's interest rate cuts are not a panacea. In fact, only the common people hope for rate cuts; those in power have completely changed their minds from wanting them to not wanting them at all. If the U.S. cuts rates and assets around the world start to soar, but our assets remain poor, how will we justify this?

Next, the pace of our monetary easing will definitely accelerate, and in order to maintain relative stability in the exchange rate, the free circulation of the yuan will have to be tightened further — but this has side effects; it will make us more of an isolated island in the world. Think about it this way: if there is a currency that seems stable but is actually only possible to enter and not exit, would you play with it? Anyone with sense would not, and this currency then becomes an internal circulation. In today's globalized world, this internal circulation is a path to ruin and will eventually deplete.

Once the Federal Reserve starts cutting rates, it will lower interest to the position of 'maximum policy flexibility', from 0% to 5.5%. It should choose a relatively middle value, such as between 3% and 4%, and the faster this happens, the better. Ideally, it should drop to a defensible interest level before the market even reacts. So how does this relate to ordinary people? Of course, it matters, because this is a period with relatively high certainty of making money. Yes, it's right now.

Once we reach the interest rate target the U.S. wants, the future will become unclear, and then it will be a matter of luck, looking at the performance of U.S. data as well as global data. You'll find it difficult to find another period as high in value and certainty as this one.