The decline has not ended yet Key points: 1. Trump's tariff policies are causing multiple impacts on the US economy, and economic recession may become a reality 2. The market is betting on a "recessionary interest rate cut" by the Federal Reserve, but no matter how volatile the market is, the Fed is not expected to easily intervene to rescue the market in the short term 3. The market is expected to experience a larger scale sell-off, which may trigger a new round of liquidity crisis Take hold of your empty ticket