The most difficult period was the first half of the bear market, when we were constantly losing money, which was a mental torture.

Now the most difficult period has passed.

That is why November is an important turning point in the entire interest rate hike cycle.

The Fed's hawkish voice has less and less impact on the market.

The market has also started to speculate on recession expectations instead of interest rate hike expectations.

The interest rate hike cycle is easy to predict, and whether there will be a recession is the biggest uncertainty.

We will not make predictions, just invest with confidence, and everything will get better and better.