Recently, the United States announced that the GDP data for the first half of 2025 reached $14.93 trillion. However, the authenticity of this data has sparked widespread discussion.

Many observers believe that, although this may be beautified data, market participants seem to be less concerned about its authenticity. The reason is that a large number of investors' assets are closely related to the U.S. stock market, and they are more concerned about whether this data can continue to support market trends.

This phenomenon is also reflected in the employment data. Even though there is a significant discrepancy between the official data and the actual situation, the stock market still maintains a strong resilience. Investors' attention quickly shifted from the data itself to the possible interest rate cuts by the Federal Reserve.

This phenomenon reflects an interesting market psychology: in certain cases, investors may be more inclined to accept data that can maintain market stability rather than pursue absolute accuracy. This attitude may stem from a desire to protect their own investment interests and an expectation for market continuity.

However, this phenomenon has also raised some concerns. Over-reliance on potentially inaccurate data may lead market participants to misjudge the actual economic conditions, increasing the risk of future market volatility.

Therefore, investors and analysts may need to take a more cautious view of the officially released economic data while paying attention to more economic indicators and market signals to gain a more comprehensive and accurate economic picture. This not only helps in making wiser investment decisions but also promotes the long-term healthy development of the market.