Institutions: Real interest rates remain high, potentially providing a basis for the Federal Reserve to cut rates in the near future.

In a report, Scott Helfstein, head of investment strategy at Global X, noted that real interest rates may still be too high, potentially prompting the Federal Reserve to cut rates again soon. "This leads us to believe that the Fed may remain more dovish than the market expects and cut rates again as early as the first quarter," he said. Helfstein believes the current market is likely driven by fundamentals, and the earnings season so far has met high expectations, with many companies reiterating their guidance. (Jinshi)