East Asia Alliance Feng Investments stated that the latest data shows that the cooling of inflation in the United States is being slowed down by high service prices, leading to speculation in the market about whether inflation will return. East Asia Alliance Feng maintains its initial estimate that high interest rates will continue for some time, which is considered a normal phenomenon, and expects 1-2 interest rate cuts during the year. Based on the current situation of the US economy, retail sales, and employment market data, the pace of interest rate cuts may not be as aggressive as expected by the market, and the so-called gap has already been factored into market variables. Therefore, in terms of investment deployment, East Asia Alliance Feng still supports a diversified investment strategy, slightly leaning towards stocks and using Asian corporate bonds as a backing. East Asia Alliance Feng Investments pointed out that Asian markets related to the US economy not only perform well but also have advantages in valuation and investment scope. As for the themes of diversified investment strategies, they focus primarily on technology, energy, industry, and dividend-paying stocks. Among the various themes, the technology sector remains the preferred choice. The application of artificial intelligence is expanding continuously, and industries related to data centers, memory, chips, artificial intelligence computers, and peripherals for smartphones can provide investment opportunities in different cycles, making the momentum of related themes stronger. In Asia, Taiwan and South Korea are the key areas for technology investment in the region. Outside of Asia, US companies also have a leading advantage in the field of artificial intelligence, with many companies not only surpassing market expectations in performance and profitability but also possessing strong free cash flow, which is particularly favored by the firm. East Asia Alliance Feng Investments continued to point out that industrial stocks are also worth paying attention to. The Indian government has increased infrastructure funding for the 2025 fiscal year by more than double the amount in the past five years, attracting a lot of foreign investment to establish factories in the country. India has structural growth potential, with the rising middle class and labor force driving consumption spending and borrowing for housing, which can corporate profits, benefiting certain financial, utility, and consumer stocks. Indonesia is on a similar trajectory, so some financial stocks in the country are also favored by the firm. Recently, geopolitical tensions have risen again, with the Iran-Israel conflict drawing attention. East Asia Alliance Feng Investments believes that energy stocks can be used as a hedge against risks. Global attention on developing renewable energy indirectly reduces investment in traditional energy, affecting supply, and prices are expected to remain high. Signs of stabilization in the Chinese economy are beginning to emerge, with the energy sector having high barriers to entry, reasonable valuations, ample cash flow, stable dividends, and the advantage of value stocks. Additionally, the East Asia Alliance Feng investment team believes that Asian corporate bonds (denominated in US dollars) can provide returns and value for hedging risks in diversified investment deployments. For example, South Korean financial and Chinese TMT (Technology, Media, and Telecommunications) investment grade bonds mentioned earlier. The potential of high-yield bonds this year should not be overlooked, especially in industries with good credit conditions and government support, such as renewable energy in India and real estate in Indonesia. A diversified strategy can be adjusted appropriately at any time, especially suitable for volatile market conditions. East Asia Alliance Feng believes that in the rapidly changing market environment, a diversified asset investment strategy provides an ideal solution. By flexibly investing in different asset classes and establishing a broad portfolio, investors can calmly deal with the complexities of the current market environment, achieve capital appreciation, and generate returns.