The current financial market is showing a downward trend, and the likelihood of a significant rise in the short term is relatively low. The market is hotly discussing the Fed's potential interest rate cut actions, but it is worth noting that before the interest rate cut policy is officially implemented, the market may experience a severe adjustment. This phenomenon of 'buying expectations and selling facts' is not uncommon in the financial market. In the run-up to the interest rate cut, the market may release multiple unfavourable information signals, triggering panic among investors and prompting them to sell their assets.

Another point worth noting is that the US stock market has recently recorded a significant rise, but has not yet seen an effective pullback. This may indicate that the market has already somewhat priced in the expectations of interest rate cuts. Therefore, once the interest rate cut policy is officially implemented, it may be seen as a confirmation of favorable information, and subsequent market adjustments would not be surprising.

Overall, investors should maintain a cautious attitude. Although the expectation of interest rate cuts has brought some momentum to the market, it has also increased uncertainty. In this complex market environment, blind optimism is not wise. Investors should closely monitor economic indicators and policy trends, and adjust their investment strategies in a timely manner to cope with potential market fluctuations. Maintaining rationality and controlling risks is the wise course of action for making investment decisions in the current market environment.