The US stock market and the cryptocurrency sphere are both surging, and all of this is because Trump made concessions three times in a row at midnight, 1 AM, and 5 AM.
US Treasury Secretary Mnuchin first jumped in to say that the trade war with China can't continue, and the situation will soon ease.
Immediately after, Trump himself also spoke: "A 145% tariff is too high; tariffs on China must be significantly reduced, and China will definitely be satisfied, and the US and China will cooperate well together."
He also mentioned that although he is not satisfied with the speed of the Fed's interest rate cuts, he has no plans to fire Powell.
Even more explosive, Trump also stated that a peace plan for Russia and Ukraine will be announced within three days.
Previously, the behavior of US Treasury bonds was abnormal, and the East University also took a strong counterattack, with Powell publicly singing a different tune, all these signs indicate that the wind is about to change.