Economist: The Fed's drastic rate cut may just be the calm before the storm.

Odaily Odaily News: Investors had expected the market to be volatile after the Federal Reserve's sharp interest rate cuts, but what they saw was a calm market. However, such tranquility may quickly dissipate. "I don't think this calm will last long," said Brian Jacobsen, chief economist of Annex Wealth Management. He pointed out that the reversal of the stock market in the evening may indicate that the stock market is expected to be weak, "unless we get some data that can give a clear sense of direction." Jacobsen said that the market will pay attention to the upcoming data, such as the number of initial jobless claims on Thursday. Jacobsen said: "The Fed is clearly in a lagging catch-up mode and trying to make up for lost time with the interest rate cuts that have just been implemented." (Jinshi)