To The Moon

Driven by the market expectation that the Federal Reserve will turn to cut interest rates next year, US stocks have experienced a new round of continuous gains since November, in which the S&P 500 index has risen by 16.2% compared with the low in October. Historical experience shows that U.S. stocks have performed well in the cycle of interest rate decline and inflation decline. On the other hand, American consumption and real estate have picked up in the case of falling interest rates, and economic resilience has alleviated investors' concerns about the decline in profits of US listed companies in the fourth quarter.Looking ahead, because the inflation in the United States has not yet dropped to the average value of 2% of the Fed's policy target, and the geopolitical crisis has brough