The market script ahead, my personal thoughts: As of now, US stock indices opened up around 1%, Bitcoin is nearing 86, and WTI has dropped below $92. As long as oil continues to steadily decline into the $90-$70 range, risk markets will keep getting a boost. If the geopolitical situation eases after the U.S.-China meeting this week, even if the September CPI data released in October is slightly higher (since oil prices in September were generally higher than in August), as long as oil prices keep trending downward and the expectation of a second rate hike this year is dispelled, the market likely won’t pay too much attention to this outdated data and will still get a lift. Then, heading into the midterm elections in early November, if oil prices decline in October, the CPI data for October (released in November) will definitely look good. This would support inflation coming down. As long as Trump doesn’t stir up more geopolitical issues after the midterms, causing oil prices to spike, the risk markets should still thrive after the elections. ⚠️ Note: This doesn’t mean it’ll just keep going up without any dips—there might be some sideways consolidation at higher levels after a rise. Ultimately, it all comes down to oil prices. Let’s take it step by step and adjust expectations accordingly.