It's time for great power competition again: Are cyclical and tech stocks on the rise?

Last week, the results of the U.S. election came out, the results of China's National People's Congress Standing Committee meeting were announced, and the Federal Reserve's November interest rate meeting took place. In the comments from the Changqiao community, Dolphin Jun has already made some remarks, and here Dolphin Jun will summarize briefly. 1) What is the possible impact of Trump's election? In terms of domestic policy, the "carrot" that Trump offers is tax cuts. Since individual and corporate taxes are the absolute source of U.S. fiscal revenue, significant tax cuts will inevitably increase the fiscal deficit. Moreover, given the current slight "soft landing" of domestic demand, tax cuts will clearly boost domestic demand. Therefore, from the current situation, the economic issues in the U.S. next year are not significant. In terms of foreign policy...