The tariffs announced on the 4.2 are the last piece of unfavourable information in the short term. We will see if there can be a small alt season in April and May. If quantitative tightening and interest rate cuts are not stopped quickly, a recession and financial crisis are unavoidable. In the East, we look at Li Ka-shing, and in the West, we look at Buffett. Both of these are ancient tortoises, cunning to the point of being almost demonic, and the cash flow they hold is not meant to lift others.