After two consecutive days of decline in the US stock market, #CPI provided a surprising piece of data, and it is unclear whether it aligns with the real perception of prices. The US stock market is quite resilient; every time there is a drop, good news tends to emerge. The Federal Reserve has a basis for 'technical' operations, and the hawks are quietly closing their mouths... while the doves are making a lot of noise.

Is the long-desired quantitative easing, #量化宽松 , really coming?

What script will be played out again tomorrow when Japan announces its interest rates?

Investors are like those downstairs listening to the boots, counting how many legs the centipede upstairs still has wearing boots.

In the midst of a flood of complex news, investors easily get lost in short-term fluctuations and noise. However, returning to the essence and anchoring the core main line — that is, the policy cycles of major global central banks and the basic trends of the macroeconomy — is often the most reliable guide to navigate through the fog.