There are quite a few major events this month. On January 20th, the ruling on whether Huang Mao's tariff war is correct will be announced. If he loses, he will have to return the money earned from the tariffs; if he wins, it's hard to say. In fact, this ruling should have been made long ago; I don’t know the reason for the delay.

On January 23rd, Japan's Takashi Sawa will hold a meeting. The interest rate may remain unchanged, but the likelihood of dissolving the parliament is quite high. The content of the meeting will focus on whether to maintain the exchange rate or boost exports. If she wants to achieve political results, she might choose to boost exports, as the island of small daily life is just that big.

At the end of this month, there will be a Federal Reserve interest rate meeting. It is basically a done deal that there will be no rate cut; the biggest variable is whether the U.S. government will reopen on January 30th. In fact, the discussions have progressed quite well, and many budget-related funds have already been agreed upon, but the major portions have not yet been settled.

Many issues remain unresolved, and now there is also an acquisition battle in England. Huang Mao has clearly stated that if Europe opposes them, they will impose tariffs in response. Europe has also made it clear that if you mess with me, I will mess with you and impose tariffs too.

My view is that if the market situation is unclear, it's better not to act than to make a mistake. Don't run out of bullets at a critical moment.