#美联储降息预期# The news about the expansion of candidates for the Fed Chairman has made me reflect. On the surface, it seems to be about finding more suitable candidates, but behind it, it is likely about finding a compliant puppet. Past experiences tell us that politicians always prefer to find people who can cooperate with their policies. But this is not a good thing for the market. A Fed lacking independence can easily be swayed by short-term political interests, making irresponsible decisions. We investors must be vigilant and not be blinded by superficial Favourable Information. Although the expectation of interest rate cuts sounds enticing, if it comes at the cost of the Fed's credibility, it could be a disaster for the market in the long run. Let us stay alert, follow the candidates' backgrounds and positions, and not regret it when policies change. Remember, in this market, caution is always a virtue.