Sou Hu Cai Jing·2025-11-25 06:32Core Insights - The article indicates that the Federal Reserve is expected to continue lowering interest rates until 2026, with relatively stable China-U.S. relations, although geopolitical risks remain [1] - China's macroeconomic policies are anticipated to maintain continuity, with strong economic growth resilience driven by domestic demand expansion and anti-involution policies, leading to a rebound in inflation [1] - The A-share market is expected to improve in liquidity, with reasonable valuations and potential profit growth, particularly in emerging industries and China's economic transformation [1] Economic Outlook - The domestic economy may be in a recovery phase, with ongoing narratives around artificial intelligence supporting market optimism [1] - The market is expected to have support for continued positive performance, suggesting a focus on broad-based indices [1] Investment Recommendations - It is suggested to prioritize investments in representative broad-based indices, specifically the CSI A500 ETF (159338) and the SSE Composite Index ETF (510760), which may better withstand higher market volatility in the near term [1]