Inflation is like a continuous drama—don't just watch one episode and guess the ending.

Core CPI hits a new low, just like a main character in a series suddenly becoming gentle. Viewers immediately wonder: is this the big finale? But in reality, the scriptwriters might still be halfway through writing it.
Inflation trends are never straight lines; they are full of plot twists. Energy, rent, wages, supply chains—they all take turns playing supporting roles. Today’s data might be pulled down, while tomorrow’s could push it higher.
Interestingly, the market’s memory of inflation is very short. When prices rise, it feels like they will keep rising forever; when they fall, it feels like they will keep falling forever. But economic cycles never go to extremes—they are more like a spring—press hard enough, and the rebound will be even more noticeable.
For policymakers, the biggest concern isn’t high or low inflation, but losing control of expectations. Once everyone starts betting on a one-sided trend, volatility will be amplified.
Ordinary investors don’t need to play macro detective. Instead of predicting every data point, it’s better to develop strategies that resist volatility. The point of asset allocation is to avoid relying on a single storyline.
A light-hearted summary: inflation is like the weather—better to carry an umbrella than to guess every day.
Interaction: Do you think this inflation cycle is already coming to an end? #美国核心CPI创四年新低