On February 15th, we issued a notice to clear our holdings in US stocks and pay attention to risks. Currently, we need to patiently wait for Buffett's move. He is often the most precise hunter, just like in 2008! At present, based on various economic indicators, it is highly likely that a recession in the United States will not be avoided, and the trade war will not stop in the short term, just like playing Texas Hold'em. The sunk costs are too high, and we have already lost trillions of dollars in economic damage to each other. We can only continue to raise the stakes, and in the end, the winner takes all. Today's latest report from Goldman Sachs predicts a very pessimistic outlook on the US dollar, with an expected GDP growth of 0 by 2025 and a significant increase in inflation. The possibility of interest rate cuts is slim. The team has created two charts for everyone's reference. One shows the situation during the 2008 financial crisis, when Lehman Brothers went bankrupt and the market officially began to decline, just like we do now. Buffett's two moves in 2008, especially his rescue of GE, can be described as very accurate bottom fishing. Soon, we will receive Berkshire Hathaway's Q1 financial report to know if Buffett has made any moves. A chart shows simulated and predicted trends under various recession scenarios, and overlaps with major financial events in history. It is highly likely that we are still in the early stages of a downturn. Do not fire the bullets too early, but rather preserve cash flow and sufficient ammunition. 🧐