Market veterans disappeared for 3 years during the entire post-pandemic tightening cycle. It wasn't until 2024 that he reappeared, and most people thought it was a coincidence. Not so. His timing was precise: just at the turning point when the Fed paused rate hikes and was about to start cutting rates. This is not luck but a deep understanding of the policy cycle. By January 2025, he sent another signal— the underlying logic is clear: the major market cycles are often driven by central bank policies. Once you understand the Fed's rhythm, you understand capital flows. He is waiting, for that critical moment.