#美联储流动性政策 Tonight at 21:30, the US November CPI and unemployment data will be released. These two figures may seem like mere statistics, but they can directly influence the Federal Reserve's upcoming policy direction—whether to cut interest rates or hold steady.

Powell made it very clear a few days ago that the labor market is cooling, but inflation remains somewhat "stubborn." Goldman Sachs analysts' judgment is also noteworthy: the Fed's preemptive rate cut cycle may have already come to an end, and future policy space depends on whether the data continues to weaken.

This has a significant impact on holdings. If the data exceeds expectations, it may imply that the Fed will be more cautious; if the data falls short, liquidity policies might be adjusted anew. In any case, sharp volatility is likely to occur at such moments.

My advice is: if you currently hold positions, there's no need to rush into decisions. Around the release of such macroeconomic data, markets often react emotionally. Instead of following the trend to buy high or panic-sell, it's better to review whether your portfolio allocation is reasonable and whether your risk exposure is within controllable limits. In the long run, maintaining a stable mindset and balanced asset allocation are the best ways to navigate these uncertainties.