According to Bloomberg, on Monday, Ed Yardeni, a well-known strategist on Wall Street and founder of Yardeni Research Inc., stated that due to the Federal Reserve's significant interest rate cut last week, the U.S. stock market could soar to new highs, but if the central bank's chairman does not act cautiously, it could also lead to a resurgence of inflation. He also pointed out, "The latest policy decision has increased the likelihood of stock prices 'melting up' from 20% to 30%, a phenomenon similar to the S&P 500's 220% surge from 1995 to the end of the last century during the internet bubble." He believes the probability of a bull market is 80%, while the likelihood of a market turmoil similar to the 1970s is 20%, when global stock markets were shaken by inflation and geopolitical tensions.