Recently, the US stock market has shown a pump trend, but this apparent prosperity may mask deeper economic issues. The latest economic data shows that the probability of the US facing an economic recession in the future is as high as 35%, a number that is alarming.

The divergence between this market boom and economic health is worth our deep consideration. In the short term, ample liquidity and supportive policies have indeed driven the stock market higher, but we cannot overlook the potential risk factors. Slowing consumption growth and pressures in the employment market are accumulating, all of which are economic risk signals worth paying attention to.

From a deeper perspective, the current rise in the stock market resembles a 'liquidity illusion'. The injection of substantial funds may temporarily mask the issues with the economic fundamentals, but if these fundamental problems are not addressed, the US stock market could enter a period of severe volatility at any time.

Investors should remain vigilant while enjoying the current market prosperity and closely monitor changes in economic fundamentals. Only when substantial improvements occur in all aspects of the economy can it support the long-term healthy development of the stock market. Otherwise, this liquidity-based rise may be difficult to sustain, and the risk of market volatility will increase.

In such an economic environment, investors need to be more cautious, balancing short-term gains and long-term risks. At the same time, attention should also be paid to the movements of policymakers, as their decisions will directly impact the future direction of the market.