<div id="readability-page-1">Trade growth slows: The WTO reports that global goods trade growth may be losing momentum despite strong demand for AI-related components. Market correction risk: Tom Lee foresees a three-phase market cycle with a near-term correction driven by energy shocks, Fed leadership change, and major IPOs. Long-term stagnation threat: Gary Shilling and Cem Karsan warn of possible deep corrections or decade-long real return losses if high valuations and inflation persist.</div>

<p>專家警告稱，隨着世界貿易組織的數據表明全球貿易增長放緩，市場即將面臨下行風險。湯姆·李預測，由於能源衝擊、美聯儲領導層變動以及重大首次公開募股，近期將出現修正。此外，加里·希林和塞姆·卡爾桑警告稱，持續的高估值和通貨膨脹可能導致深度修正或實際回報的長期停滯</p>

專家警告，由於貿易放緩，市場可能面臨即將到來的下行風險