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In July, there is no possibility of interest rate cuts, and with such strong non-farm data, the U.S. has recently started researching tariffs for its allies. Yesterday, a 25% tariff was set for Japan and South Korea, and discussions about tariffs have also affected the market decline. I think the recent market situation may replicate last year's trend, with fluctuations and adjustments leaning towards a downward trend in July and August. There are expectations of interest rate cuts in September, similarly to last year, with a direct cut of 50 basis points. October is traditionally a month of big pumps. Both October 2023 and 2024 saw big pumps. This year should also be no exception. By then, the U.S. will implement point shaving, and we will do the same. The A-shares should also rise in the second half of the year.