June 12th, Jinshi Data, according to Lori Calvasina, the capital market strategist at Royal Bank of Canada, based on factors such as inflation prospects, US corporate profit situation, and US bond yield trends, listed three possible scenarios for the US stock market. 1. If the Fed does not cut interest rates in 2024, inflation is more challenging than expected, and the US bond yield is below 5%, the S&P 500 index will retreat significantly by 8% to test the 4900 point level. 2. If the Fed cuts interest rates as scheduled in 2024, but US corporate profits are not good, the S&P 500 index may retreat by 5% to test the 5100 point level. 3. If inflation becomes too challenging, forcing the Fed to raise interest rates, the S&P 500 index will then experience a big dump of nearly 16%.