#美联储利率政策 Recently, there has been a lot of discussion about the upcoming release of the October and November non-farm employment data next week. After carefully reading Citibank's analysis, I want to share an observation with everyone: the conflicting signals that this report might send could serve as a reminder of an important lesson.

The data itself appears complex — October might see a decrease of 45,000 jobs, while November could rebound with an increase of 80,000. However, Citibank's economists point out that this rebound is likely just a result of seasonal adjustments and does not indicate a genuine improvement in the labor market. The unemployment rate is also expected to fluctuate between 4.4% and 4.52%. There are also disagreements within the Federal Reserve—some are worried about inflation, while others are concerned about weak employment.

This "conflicting signals" situation actually serves as the best reminder for long-term investors. When data is ambiguous and policy directions are uncertain, it is the perfect time to review your portfolio allocation. My advice is: do not let short-term data fluctuations dictate your decisions. Confirm whether your asset allocation truly matches your risk tolerance and whether you have overly concentrated positions.

A prudent approach in the face of such uncertainty is to stick to your principles — regularly review, maintain moderate diversification, and stay patient. Market chaos often presents opportunities for long-term investors, but only if your defenses are strong enough.