Analysis: The short-term fall should be regarded as noise and ignored, as the monetary easing cycle has become a reality.

On November 5th, KobeissiLetter released a market analysis indicating that almost all asset classes are falling today, with all intraday rebound attempts being sold off, leading to widespread profit-taking. However, there has been no change in the fundamentals; even the healthiest bull runs will experience multiple falls. The S&P 500 index, despite an annual average rise of 10%, sees at least 3 declines of 5% or more each year on average. The current situation is that the capital expenditure of the seven giants in the U.S. stock market will exceed $500 billion annually, the rate-cutting cycle has already begun, monetary easing has become a reality, and the artificial intelligence revolution is accelerating. Short-term declines should be regarded as noise and ignored.