Can you briefly explain the macro situation, saying that the Federal Reserve's interest rate cut is not, nor is it, tariffs are uncertain, and there are twists and turns In my understanding, it is ① The Federal Reserve is delaying interest rate cuts, and everyone knows that it will have to cut rates in the future, so the bull market continues ② Because there is a high probability that there will be no interest rate cut in July, funds will react in advance, so the bull market will continue. When the real interest rate cut is implemented, the good news will come true Anyway, Niu Hui, is that so?