On June 5, Hassett, the Director of the National Economic Council at the White House, stated that the Federal Reserve should not raise interest rates, and there is still room for rate cuts in the future.
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Hassett: The Federal Reserve Should Not Raise Interest Rates, There is Still Room for Cuts
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Yili Hua: US Stocks Correct as Expected, Decline Faster Than Anticipated
On June 5, Liquid Capital (formerly LD Capital) founder Yili Hua stated, "As we anticipated, US stocks have begun to correct, and expectations for interest rate cuts have changed. Trading is always the most challenging task; getting it right ten times and wrong once can lead to problems. It is essential to remain cautious and manage risks. The speed of this decline following the rebound has far exceeded expectations. However, it also comes with greater opportunities; historically, bear markets have been the time to make money, while bull markets often lead to losses." -
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