帮主郑重：美联储降息信号明确！中长线布局窗口正在打开

Group 1 - The core inflation indicator, core PCE, remains stable at 2.9% year-on-year, aligning with expectations, indicating a steady economic outlook [1][3] - The report suggests a clearer path towards interest rate cuts, with a 0.2% month-on-month increase in core PCE and no signs of inflation rebound, supporting the notion of a "soft landing" for the U.S. economy [3][4] - Market reactions include a 300-point surge in the Dow Jones and rising gold prices, indicating a potential influx of capital into A-shares, particularly in technology and renewable energy sectors sensitive to interest rates [4][5] Group 2 - Long-term investment focus should be on core assets such as leading internet companies in Hong Kong and consumer blue chips in A-shares, which are most sensitive to global liquidity conditions [5] - Growth sectors like semiconductors and innovative pharmaceuticals, which rely on long-term capital, may benefit from reduced pressure on valuations due to anticipated interest rate cuts [5][6] - The potential risks include the impact of a U.S. government shutdown on key economic data and the delayed effects of tariffs imposed by former President Trump, which have yet to fully materialize [6][7]