Here's the translation of the provided text into English: **Weekend Bombshell: Buffett Bailed Early!

** This weekend's market was shocked by Buffett's massive cash-out.

Buffett significantly reduced his Apple holdings by nearly 50% in Q2.

The urgency of the cash-out is historically rare.

However, it aligns with the market's tendency to collapse quickly during downturns, hence the need for swift action.

At this year's Berkshire Hathaway shareholder meeting, Buffett stated that the reduction was due to tax reasons.

Now, with a significant reduction, there might be deeper implications behind it.

Overall, market turmoil triggered by interest rate cuts may be on the horizon.

Previously, interest rate hikes led to capital inflows into the U.S., but now, rate cuts signal capital outflows.

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Rapid fluctuations in interest rates, with large inflows and outflows, inevitably cause significant market volatility.

While the global market collapses, the Chinese yuan surges, indicating the future direction of capital.

Unable to burst China's bubble, the U.S. will have to harvest its allies.

The world believes that the Fed's significant rate hikes, besides curbing inflation, are intended to burst China's economy.

Alas, Westerners are too rigid and cannot outplay the Eastern spirit.

Similarly, when the housing market fell, Japan was crushed by the U.S.

But this time, China was not too affected because the decline in the housing market was largely borne by homebuyers.

Unlike in the U.S., where a housing market downturn leads to mortgage defaults, putting pressure on banks and causing a wave of bank bankruptcies.

We are different; we bear the risks of rising and falling housing prices.

If there is a default, the foreclosed property may result in losses, and any deficit owed to the bank must be repaid by the homeowner.

In this situation, a large part of the impact of the housing market downturn is absorbed by homebuyers.

Thus, the U.S. cannot harvest China.

Unable to burst China's bubble, it must harvest its own allies because the costs of financial warfare need to be covered by someone.

The U.S. debt scale has exceeded $35 trillion!

Based on a 6% interest rate, the annual interest alone is $2.1 trillion.

This is unsustainable, and everyone knows it, but we cannot simply predict the collapse of the U.S. because the U.S. can still harvest the world and can also use rate cuts to alleviate interest pressure.

Rapid rate hikes have burst many small countries.

But high-interest rates also put tremendous pressure on the U.S. itself, so the next step is likely to be significant rate cuts to repeatedly harvest the world.

Today, Bitcoin fell below $60,000, and Ethereum fell below $3,000.

Like the global stock market, they all experienced a full-line decline.

Where is the best direction for hedging in the future market?

In fact, the market has already given the answer.

Amid the market collapse on Friday, the offshore yuan exchange rate surged by over 1,000 points overnight, reclaiming the 7.15 threshold.

The world is red!

It's unbearably strong.

The surge in the yuan is backed by confidence.

On one hand, there is a seesaw expectation between the U.S. and China's economies; we suffer when they raise rates, and we naturally benefit when they lower them.

At the same time, a more important point is that China is still the world's factory.

And it cannot be moved.

When the world is in turmoil, it comes back.

The country's efforts to protect the market have witnessed history!

The SSE releases a heavy report, with a 430.9 billion yuan increase in the scale of domestic ETFs in the first half of the year.

On August 3, the SSE released the latest report on the development of the ETF industry.

As of the end of June, the number of ETFs listed on domestic exchanges reached 967, a 9% increase from the end of 2023, with a total scale of 2.48 trillion yuan, a 21% increase from the end of 2023.

Among them, the market value of equity ETFs reached 1.81 trillion yuan, a historical high, accounting for about 2.2% of the total market value of A-shares.

In the first half of the year, the scale of domestic ETFs increased by 430.9 billion yuan, with new products contributing an incremental scale of 43.1 billion yuan, accounting for 10%, and the scale of existing products increased by 387.8 billion yuan, accounting for 90%.

In terms of capital inflows, the net inflow of non-currency ETFs in the first half of 2024 reached 461.7 billion yuan, accounting for about 80% of the net inflow for the entire year of 2023.

Among them, the net inflow of broad-based ETFs reached 407.6 billion yuan.

This year marks the 20th anniversary of the SSE ETF market and the domestic ETF market.

From the establishment of the first ETF in 2004 to the first breakthrough of the ETF scale over one trillion yuan in 2020, the domestic ETF market has experienced 17 years; and it took only 3 years to reach the second trillion yuan.

The next expectation is an increase of one trillion yuan in one year, or even higher.

According to international rules, the total scale of ETFs will exceed the total scale of active funds, that is, the current active funds exceed 6 trillion yuan, which indicates that the total scale of ETFs will also break through 6 trillion yuan.

This is also the strongest driving force behind the bull market of international markets.

A stable index can be expected, but individual stocks need to see the ability, because as the market scale becomes larger, value investment rises, and the growth space of companies becomes the direction of market funds, without space, it is difficult to have an upward trend, and the future stock speculation is more than the ability of value investment.