Last night, the Federal Reserve released the Beige Economic Paper on Wednesday, indicating that the US economy has slowed to a moderate level, admitting that inflation remains high; uncertainty about the outlook has increased in some regions, and their attitudes are more reserved than in previous months. At one point, the Dow reached a new high. The index rose for 6 consecutive days and is approaching an all-time high.
Today's forecast: The Federal Reserve has finally acknowledged that inflation is serious. Coupled with the economic slowdown, it is expected that the yield on US 10-year bonds will rush to 2% this time. Coupled with the slowdown in China's GDP and the slowdown in US economic growth, the market will limit stagnation to infinity at any time. It is recommended to be very careful that the market turns its face and disapproves. The current position of the Hang Seng Index is definitely worth lowering its position.