#美联储货币政策 Seeing the Federal Reserve's latest outlook, the market is preparing for further easing by the end of 2026. This signal is actually worth paying attention to, not because of chasing gains, but because it reminds us how we should respond.

Once the long-term easing expectation is established, it means that abundant liquidity will become the norm. But there's a common pitfall—many people will relax their position constraints because of this,甚至 over-leverage in pursuit of returns. I've seen too many such examples, and in the end, they are caught off guard by a sudden fluctuation.

Rather than guessing policy directions, it's better to focus on the safety of your assets. In this environment, I instead recommend managing positions more cautiously to ensure that any unexpected volatility won't threaten your principal. You can moderately allocate some defensive assets to make the overall portfolio more stable.

The true meaning of a long-term mindset is to hold on to what is certain in a market full of uncertainties. Policies will change, expectations will shift, but position control and safety awareness will never go out of style.