The expectation of a rate cut by the Fed in January is shrinking. Last week, there was a 31% probability, now it has fallen to less than 20%. Looking at the data for March—the probability of maintaining the interest rate is close to 45%, which means that the real rate cut window may have to wait until the second half of the year.

To be honest, many people are looking at the market now and want to build positions in batches, thinking this is the bottom. But frankly speaking, buying the dip at this time is actually gambling, not investing. When uncertainty is so high, the smartest move is to protect your principal.

Instead of guessing, it's better to wait. The FOMC meetings on January 28 and March 18 are key points; it's not too late to make a decision after the data is released. There's no need to rush.