As September arrives, the financial markets are focused on the Fed's possible interest rate cut decision. Does this key event signal that the current market is about to peak, or is it the beginning of a new bull run? Analysis suggests that the market is likely entering a whole new phase, and the possibility of a continuation of the bull run still exists.

Although many investors believe that the positive effects of interest rate cuts have been fully digested, the reality may not be as pessimistic. The actual implementation of interest rate cuts could open up new upward space for the market. The expectation of improved liquidity still exists, which may attract more funds to continue flowing into the market.

Even if the Fed does not choose to cut interest rates in the near term, policymakers still have other options. If Trump returns to power, it is likely that new economic stimulus measures will be introduced, which amounts to a disguised "easing" policy to support the market. This bull run may break the traditional "four-year cycle" theory and could last longer than expected.

It is important to note that regardless of whether the Fed lowers interest rates in September, the market may experience short-term fluctuations. However, from a broader perspective, structural opportunities are still worth paying attention to. The bull run may continue to develop upward at a new pace.

Investors should closely monitor policy changes while maintaining a flexible investment strategy. In this period filled with uncertainty but also opportunities, a cautiously optimistic market attitude may be the best approach.