The data is out. Core PCE released 3.1, consistent with expectations, indicating that inflation has not unexpectedly strengthened and is generally neutral with a slight dovish trend. Personal expenditures were active year-on-year (0.4%), indicating that consumption is still supporting the economy. But the correction of GDP to 0.7%, which is lower than the previous value, still indicates that the economy has stability issues. The significantly lower than expected durable goods orders indicate a short-term weakness in durable goods demand, which may indicate a risk of weakening industrial activity. Given that current market attention is focused on the Middle East, this data has limited impact on interest rates. But in the short term, there may be a rebound in risk market sentiment preference. As of now, the US stock market has slowly rebounded before trading, and BTC has also surged close to 73. However, the risk market may still experience more volatility. Because it still depends on the duration of the Middle East geopolitical situation, that is, whether oil prices will continue to remain above 90%, which will have an impact on the sustainability of inflation. I hope it can end within March. If the strait can resume normal navigation, otherwise there will be no optimism about interest rate cuts and risk markets in the future. Whether trading US stocks or BTC, we still need to remain cautious. Avoid chasing after the rise and killing the fall. Especially when the US dollar index is still above 100. For the US stocks on the trading chain, you can check out the link on my homepage profile at Maitong @ MSX_CN. It depends on the sentiment of the US stock market opening later. Although the geopolitical rhetoric is about to end now, tomorrow is the weekend. It's better to guard against Trump, so we should be cautious in the transaction.