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At this Fed meeting, whether to cut interest rates or not is no longer the point. What is really terrible is how Powell speaks after the meeting - in case he cuts interest rates while emphasizing that inflation has not yet been suppressed, hinting that he will not release water so aggressively next year, the market may directly take this as a good signal.
Last night's wave of violence was really scary, and the friends who held Duo Dan probably had their hearts about to jump out. Fortunately, some of the positions around 94,000 were reduced in time, and the rest was used as a policy statement. Don't go in all the way, leave some bullets for hawkish surprises.
Risk assets are crazy when they rise, and they are even more unreasonable when they fall. I will update today's specific views later, so please stabilize your mentality first.