Paul Nolte, senior wealth advisor and market strategist at Chicago's Murphy & Sylvest, said that there is no doubt that the Fed is ready to cut interest rates based on soft employment data - and overall employment conditions. This will not stop the Fed from lowering the decision by 25 basis points. The downward revision of non-farm employment benchmark data slightly exceeded expectations. We cannot currently judge the specific situation on a monthly basis, nor can we fully determine it in the coming months, but this indicates that the labor market is indeed weak. However, this contrasts with the data on initial jobless claims, which are basically consistent with levels during periods of moderate economic growth. Moreover, our consumer spending situation is still quite good. So I think this is just one piece of the economic puzzle and cannot fully reflect the overall operation of the economy.