US Treasury Secretary Bessant has changed his tune yet again. His previous statement about a "strong dollar policy," which triggered the market crash, is now being reinterpreted. The US is currently more concerned with "capital retention" than with "how high the exchange rate can stand." - We do not promise that the dollar will not fall, nor do we bail out the dollar; we promise that "American assets are worth buying." A true man should be like Bessant, able to bend and stretch – this was the first market-saving measure. The second was a change of heart from Federal Reserve officials. San Francisco Fed President Daly stated yesterday that the labor market is fragile and there is still room for interest rate cuts, possibly one or two more. This is the first time the Fed has signaled a rate cut since the recent global market crash. Buying the buy the dips is a sound strategy, but the bear market trend remains unchanged. Best wishes to everyone. twitter.com/punk2898/status/20...