{"content":"A strange phenomenon has been discovered. The second wave of interest rate cuts is about to arrive, but the market is surprisingly quiet. It feels to me that it's not just as simple as retail investors fleeing; it seems more like the Federal Reserve is 'holding back a big move,' or institutions are quietly accumulating stocks, not wanting retail investors to notice and pick up bargains. Currently, global funds are seeking refuge in gold, continuously hitting new highs. The next focus will be on the China-U.S. trade negotiations and whether Japan will raise interest rates, both of which are potential black swans.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/21/c749fa5eeda24a518466146b2e3d4bbb.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}