also a CNBC contributor. Good morning, Stephanie. Thank you for the early wake up call.So can we feel comfortable in this market right now continuing to add to positions. >> Well, I have been adding to positions. We're fortunate to have earnings season right now.Right. So we're hearing real time what companies are seeing how they're reporting and the reporting. Really good numbers Dom almost a 10% growth.And where the guides are and the reactions have been very disappointing. But that I think is your opport ...

Group 1 - Taobao Flash Sale launched a subsidy plan totaling 50 billion yuan, showing significant results within the first week, with 4,124 brands achieving peak sales 9,818 times [1] - The order volume for restaurant chain brands on Taobao Flash Sale increased by over 190% week-on-week, with various food categories seeing order growth exceeding 150% [1] - Small and medium-sized chain brands accounted for over 50% of the participating merchants, indicating a strong boost in urban consumption vitality [1] Group 2 - The subsidy program aims to break the "involution" competition among merchants, effectively stimulating urban consumption and providing business growth for small and medium-sized enterprises [2] - In Nanjing, the business of a local merchant saw over 100% growth due to the combined effect of the subsidy and a popular event, with over 60% of the orders coming from new customers [2] - Experts believe that the subsidy policy has successfully stimulated new consumption momentum, highlighting the importance of confidence in the market [2]