Recently, Swiss Yinfeng International released the market outlook for the first quarter of 2025. Zhao Guojiang, Deputy Director of Investment Management at Swiss Yinfeng Asset Management, expressed confidence that the US inflation could continue to fall. He stated that the employment market in 2025 will be the focus of monetary policy. He predicts that the US may cut interest rates 2 to 3 times this year, and investors should pay attention to the non-essential consumer goods sector. The market is optimistic about the continuation of Trump's tax cuts and deregulation measures, which could stimulate consumption, especially focusing on high-end consumer projects. In addition, US bond yields are rebounding, and investors should focus on US long-term bond investment targets. Zhao Guojiang pointed out that artificial intelligence remains a major investment theme this year. Investment sectors such as electric equipment and nuclear power generation companies also present opportunities because of the large demand for electricity in AI applications. Regarding the global economy, he expressed a cautiously optimistic attitude. The BRICS group continues to expand, now including nine economies, accounting for 45% of the world's population. Half of global economic growth this year will be created by BRICS countries, and the contribution of BRICS countries to global economic growth cannot be ignored.