1. The decline of the United States is both a result and a process. This process is reflected in the market as chaos, and the outcome is not certain; the longer the process, the greater the uncertainty.

2. To develop, stability is necessary. China is a country that values both development and stability. From a developmental perspective, a smooth transition is definitely better than a sudden collapse. Sudden collapse is a low-probability event and something everyone wants to avoid.
3. President Trump’s seemingly erratic actions may actually be the optimal choices available in the current world upheaval. Compared to before, Trump’s current term is clearly a king’s game.
4. If Iran continues to act arrogantly, the result will be a self-fulfilling prophecy—pushing up oil prices, which makes the whole world uncomfortable. But right now, everyone can tolerate the discomfort for the time being.
5. The main themes are AI, implementation, and the US dollar 2.0. Little lobsters are a stage-specific symbolic product. The subsequent implementation will accelerate, not just in the virtual realm but also in the physical realm.