Core Viewpoint - The Federal Reserve officially announced a 25 basis point interest rate cut, lowering the target range from 4.25%-4.5% to 4.00%-4.25%, marking the first rate cut of the year and aligning with market expectations [1] Market Reaction - Following the announcement, the market reacted quickly with the dollar index dropping to 96.4 and offshore RMB briefly surpassing 7.09 against the dollar, while U.S. stocks initially rose before closing slightly down [1] - The overall market response was muted, indicating that the capital markets had already priced in the 25 basis point cut [1] A-share Market Dynamics - The A-share market experienced volatility, with the Hang Seng Index and A-shares initially rising before reversing to close down 1.13% [1] - Two main reasons for this volatility were identified: 1. Certain sectors, particularly technology, had already priced in the benefits of the rate cut prior to the announcement, leading to profit-taking [1][4] 2. The "Wang Wang Team" exerted precise control over the market, particularly affecting banks, brokerages, and financial sectors [1][4] Future Rate Cuts and Market Outlook - The focus now shifts to potential future rate cuts in October and December, with the most significant information being the Fed's dot plot, which reflects the committee's outlook on future rate changes [6][10] - The dot plot indicated that a majority of Fed officials expect two more rate cuts this year, with the most conservative approach being a gradual reduction of 25 basis points at a time [7][8] Long-term Trends - A sustained period of rate cuts is expected to release global liquidity, potentially leading to a decline in the dollar's asset advantage and an upward trend for non-dollar assets [11] - However, short-term fluctuations may occur due to various factors, including rate cut timing and geopolitical events [11] Investment Strategy - The current market environment suggests that while long-term bullish trends are anticipated, short-term volatility may present buying opportunities, provided that the right assets are selected and risks are managed [11]

一、意外宣布降息救市！美联储理事支持今年年内进行三次降息，还呼吁美联储应该在9月份开启降息，给出的理由是美国劳动力市场的疲软态势在提升， 如果再不降息，劳动力市场还将继续恶化，随时都有可能宣布降息！ 指数能够走出稳定的表现，实际上更多的还得靠主力资金的精准控盘，这段时间看到太多神奇的数字，要么就是顺，要么就是对，会有那么多次的巧合吗？ 3704.77点回落之后，今天收盘点位是3696.77点，每天都得有精准控盘的痕迹出现。 三、A股三大指数强势上攻，沪指上涨0.83%！ 四、A股三大指数再度放量大涨，成交额超过2.2万亿。 空翻多，已经多次封神，上证指数差一点收盘在3700点以上，深成指和创业板大幅上涨。上证指数大幅超越3731点之前，还不是牛市，但是牛市格局已经形 成，上升趋势还会延续很长时间。 随着这份疲软的非农数据出炉，市场几乎已经将9月降息视为铁板钉钉的事情。这是一个极其重要的信号，它预示着美联储大概率将开启新一轮的全球流动 性释放周期。回顾历史，每一轮美元流动性的释放，都伴随着全球资本市场的上行。 二、太强了！券商股飙涨，A股冲击3700点！ 券商股飙涨，A股冲击3700点，原因是什么呢？我认为券商 ...