The style of painting is changing! Didn't they say a few days ago that the Fed would not cut interest rates this year? It seems that this kind of news is always uncertain. If the Fed cuts interest rates three times in the second half of the year, it will really go crazy!
Charles Schwab: The Fed is expected to cut interest rates two to three times in the second half of this year
On May 6, Charles Schwab Hong Kong Financial Advisor Lin Changjie said that the United States may be in a rolling recovery process, and the performance of US stocks is still resilient. It is expected that the Fed will have the opportunity to start cutting interest rates in the second half of this year, two to three times, and continue to be optimistic about the financial, energy and materials US stock sectors that benefit from the high interest rate environment.
Earlier, the price of Bitcoin continued to set new highs, and even surpassed silver to become the world's eighth largest asset. Lin Changjie pointed out that Bitcoin is a new investment product and is believed to attract a group of investors, but its supervision is not yet complete, the overall transaction transparency is not high, and investor protection is less. At this moment, I believe that Bitcoin will not replace the status of traditional investment products such as stocks and bonds.
He continued that virtual currency prices fluctuate greatly and are high risk, and investors should make investment allocations based on their own risk tolerance; therefore, it is not recommended that general investors use such assets as long-term deployments, but only as speculative tools.
He also said that although the first batch of virtual asset spot ETF products in Hong Kong have been listed, the company currently does not provide customers with specific investment advice and investment deployment, but can provide customers with relevant news and information if necessary.