Immediately after this morning's rate cut, investors continued to bet on further cuts. This was primarily because all voting officials supported the rate cut, with the lone dissenter preferring a 50 basis point cut, rather than a 25 basis point one. As Tom Lee stated last week, after entering a rate-cutting cycle, two major asset classes will experience massive stimulus, triggering a continuous rally. These are the US stock market's seven sister currencies and cryptocurrencies like Bitcoin and Ethereum.
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