Rate Hike

The probability of the Fed raising interest rates has reached 70% (shocked face). Unless something unexpected happens, they'll likely raise rates. While a rate hike will cause short-term market volatility, today's drop has already priced in some of that. If they do raise rates, it might actually bring a sense of stability with the 'bad news already out' sentiment (red check mark). And in the long run, the AI trend is undeniable. Various economic indicators from Taiwan show that its industries have successfully hopped on the AI train and are on an upward trajectory (red arrow up). From past experience, as long as the overall economic conditions don't weaken, any correction is temporary. Long-term, the trend is still upwards.