"White-haired Stock God": We should not continue to be bearish at present; the policy environment before the US midterm elections is relatively favorable.

According to Mars Finance, on June 15th, Serenity, the "White-Haired Stock God," posted on social media that continuing to be bearish on the market is unwise. He pointed out that factors such as the US policy environment, easing geopolitical tensions, and a rebound in risk appetite are jointly supporting the performance of risk assets. With the US midterm elections approaching, the market expects the Trump administration to take more policy measures beneficial to the economy and capital markets. Meanwhile, the easing of the situation in Iran and progress in related peace negotiations have driven down crude oil futures prices, also helping to improve the overall macroeconomic environment. Furthermore, driven by related positive news, the market's expectation of a Fed rate hike in 2026 has decreased from approximately 65% to 35%, and the decline in energy prices has further eased inflationary pressures. High-growth sectors such as semiconductors, optical communications, and aerospace are expected to benefit from improved policy and liquidity environments. The European market is particularly sensitive to changes in the Middle East situation; if geopolitical risks continue to ease, European assets may have greater resilience.