Recently, the global capital market has come to a critical juncture. I would like to share with you my core observations on the upcoming "Super Week." My view can be summarized as: the market is simultaneously undergoing two "stress tests"—one testing the "profitability" of the tech sector, and the other testing the "policy resolve" of central banks. The results will collectively determine the market trend for the first quarter and even beyond. Specifically, I am focusing on two key themes, which are intertwined like two main threads: The first test: The "midterm exam" for tech giants. This week, Microsoft, Google, Apple, Amazon, and other giants will release their earnings reports in quick succession...