Nick, the spokesperson for the Federal Reserve, believes that US stock investors may go through five stages of sadness (which is precisely why I believe the market bottom is approaching): 1. Denial 2. Anger 3. Bargaining 4. Depression 5. Acceptance And currently, many people may only be in the first stage I think the market sentiment, including nick, has been too pessimistic, and the position of a considerable number of trade partners who have been taxed by Trumpca has softened The subsequent impact is likely not that bad In addition, the reindustrialization of the United States after tariffs and the major cycle of the AI industry revolution There are many targets in the market now, and their cost-effectiveness is already quite high