the market has been in a frenzy since Trump won the election, but investors question whether this sensational performance can continue after his inauguration day. Analyst Brian Russ said, "If we expect the deficit to expand and inflation to rise cyclically, then the attractiveness of bonds will decrease compared to physical assets. This can be stocks, of course, but it can also be precious metals. I think Bitcoin and commodities will also be included in the discussion. You can see the trend of some commodity prices, some of which are driven by stories and some by supply dynamics." Russ said that ETFs may affect traditional 60/40 investment portfolios, and more people are moving from the bond market to alternative investments. "The 60/40 investment portfolio has always been 60% stocks and 40% bonds. Now people are looking for alternatives. Therefore, we may not invest all 40% in bonds. Perhaps gold and silver will account for a portion, and perhaps Bitcoin will also occupy a portion." As these investment portfolios are reconfigured, it is expected that the trend of gold, Bitcoin, silver, and even some other assets will be smooth sailing. He believes that fixed income will face headwinds, and we may be in the early and middle stages of this situation now.