The bull market does not require good news, while in a bear market, good news is useless.
The interest rate cut has landed, and the overall direction should still follow the established path.
Personally, I am not optimistic about the future market, and I will not change my view because of the interest rate cut; in fact, news cannot fundamentally change the overall direction.
As the saying goes:
If the overall direction is in a bull market, no matter how much bad news is spread, it cannot change the overall trend of the market moving upwards.
If the overall direction is in a bear market, no matter how much good news is spread, it cannot change the overall trend of the market moving downwards.
News can at most influence short-term fluctuations.
In other words, the bear market continuously has news to delay the decline of the market, which is why the bear market can last for a long time.
