#美国经济指标# After decades of fluctuations in the financial markets, I can't help but admire the resilience of the American economy. The latest data shows that the GDP rise rate for the second quarter was revised to 3.3%, exceeding expectations. This reminds me of the economic boom during the internet bubble in the 1990s. However, history tells us that prosperity often hides crises.



The current job market is strong, with a low unemployment rate, which is reminiscent of the period just before the 2008 financial crisis. At that time, everyone also believed the economy was thriving, until the bubble suddenly burst. Today, the market's expectations for two interest rate cuts by the Federal Reserve before the end of the year are weakening, but we cannot overlook the potential risks.

Looking back at past cycles, whenever economic data is overly optimistic, it often signifies that a turning point is approaching. Currently, inflation remains high, and the impact of interest rate hikes on the real economy has yet to fully materialize. We must be cautious not to repeat past mistakes; excessive optimism could lead to disastrous consequences.

In the long run, economic development always has its ups and downs. A wise approach is to remain cautious and manage risks well. After all, history always repeats itself in unexpected ways.
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