It is now the beginning of the month, and generally speaking, the beginning of the month is a bear market.

Another situation is that the QT interval has shortened.

This takes time.

The focus for the next week is:

- Unemployment data

This is the primary trigger for the Federal Reserve to decide whether a rate cut is sufficient.

Labor costs are higher than the inflation rate.

If the unemployment rate data rebounds beyond expectations, the calls for an economic recession will rise, which means we are likely to welcome quantitative easing policies.

The market has been quite volatile recently, and it has already priced in certain events.

It is very likely that these things will happen in December.