In the broader macroeconomics, the job market outperformed expectations in March, showing strong growth and rising wages that could influence the Federal Reserve's interest rate decision. Unemployment fell. Nonetheless, the market is increasingly cautious about the possibility of the Federal Reserve cutting interest rates in June. In a recent speech, Federal Reserve Chairman Jerome Powell acknowledged progress in fighting inflation but noted that the task was far from accomplished. Powell highlighted solid economic growth and job creation, suggesting that policy rates may have peaked in this tightening cycle and that if the economy develops as expected, there could be a rate cut later this year.
The market is changing rapidly and investment needs to be cautious. I hope everyone can survive the bull market safely😔😔😔