#美联储货币政策# It seems that the Fed's rate cuts are indeed lagging behind market expectations. However, as a cautious player, I will still closely follow the actual policy direction, as market expectations can sometimes go awry. The current liquidity environment is indeed favorable for risk assets, but I am more concerned about how long this loose environment can last. If it really can extend until 2026 as reported, there may be a good market upturn ahead. However, I will remain vigilant and moderately diversify risks, as the market is always changing rapidly. It seems that tracking some traders who are good at grasping macro policy trends might be a good choice. Of course, how to operate specifically still depends on one's risk tolerance. After all, practice brings true knowledge, and theoretical discussions are never as profound as personal experience.