Matthew Quiff, head of global multi-assets at Fidelity International, said, “The outlook for the Federal Reserve to cut interest rates has not changed. Next year, it will continue to cut interest rates, and the market will welcome a more 'dovish' Federal Reserve Chairman. Moreover, the Federal Reserve has always needed to accomplish the dual task of employment and inflation, and the situation in the US job market also makes it reasonable to cut interest rates. Based on this, we tend to increase risk asset allocation over a period of 36 months or more. For some assets that have been fully adjusted, this is currently a buying opportunity.” In fact, Quiff said, “When the interest rate cut cycle actually starts, some risks in the market usually don't occur. In other words, whether measured in terms of development in the AI field or from the perspective of profits of US listed companies, next year is likely to be a year with a fairly high return on investment.”

Matthew Quiff, head of global multi-assets at Fidelity International, said, “The outlook for the Federal Reserve to cut interest rates has not changed. Next year, it will continue to cut interest rates, and the market will welcome a more 'dovish' Federal Reserve Chairman. Moreover, the Federal Reserve has always needed to accomplish the dual task of employment and inflation, and the situation in the US job market also makes it reasonable to cut interest rates. Based on this, we tend to increase risk asset allocation over a period of 36 months or more. For some assets that have been fully adjusted, this is currently a buying opportunity.” In fact, Quiff said, “When the interest rate cut cycle actually starts, some risks in the market usually don't occur. In other words, whether measured in terms of development in the AI field or from the perspective of profits of US listed companies, next year is likely to be a year with a fairly high return on investment.”