According to BlockBeats, on August 4th, UBS Group's latest analysis showed that with weaker economic data, the US stock market may face downward pressure in August. Last week's lower than expected employment data has raised concerns about an economic slowdown. The bank's strategist pointed out that the market downturn may continue until the Federal Reserve sends a signal of interest rate cuts - UBS expects this policy shift to take effect in the coming months. Despite short-term pressure, the agency regards the current adjustment as a strategic position building window. (Bloomberg)