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$LOOKS As the director has already announced:
👉 This year's interest rate cut of 100bp
👉 Should happen as soon as possible
Plus, a known dovish chairman is about to take over—
What does this mean?
It indicates that the policy balance,
is slowly tilting toward easing.
The rate cut hasn't happened yet.
The new chairman hasn't taken office yet.
But expectations are already beginning to brew.
The market always prices in the future in advance.
By the time he takes office,
the prices will no longer be at the floor.
This is not the result,
but the first sign of a cycle turning point. 🌬🔥
Liquidity has not fully returned,
but the door is opening.