BlockBeats News, November 5th, KobeissiLetter released a market analysis stating that today almost all asset classes are falling, and all intraday rebound attempts are being sold off, leading to widespread profit-taking. However, there has been no change in fundamentals, as even the healthiest bull markets experience several downturns. Despite the S&P 500 index having an annual average return of 10%, it experiences at least three 5% or larger declines each year.
The current situation is that the capital expenditure of the seven giants of the US stock market will exceed $500 billion annually, the interest rate reduction cycle has also arrived, monetary easing has become a reality, and the artificial intelligence revolution is accelerating. Short-term declines should be treated as noise and ignored.







