On the morning of December 11, 2025, the Federal Reserve lowered interest rates by 25 basis points to 3.50%-3.75%. As the pace of interest rate cuts accelerates, the outbreak of a global financial crisis is getting closer. The Federal Reserve must quickly burst the bubble; otherwise, it will be like boiling a frog in warm water, and when the real crisis comes, there will be no fiscal tools available to respond. At the same time, this also means that the time window for various junk assets in the financial market to peak is getting shorter!