Reversal Emerges! Trump Makes Three Major Concessions at Midnight, U.S. Stocks / Cryptocurrency Market Soars
Waking up, the financial markets are in a frenzy! U.S. stocks and the cryptocurrency market have surged significantly, all stemming from Trump’s three major concessions made at 00:00, 01:00, and 05:00.
U.S. Treasury Secretary Mnuchin was the first to speak out, stating that the trade war with China is unsustainable and that the situation is about to ease.
Soon after, Trump himself expressed: "A 145% tariff is too high; tariffs on China will be significantly reduced, China will be satisfied, and the U.S. and China will work together in good cooperation." Additionally, although Trump is dissatisfied with the pace of the Fed's interest rate cuts, he made it clear that he has no intention of firing Powell.
Even more notably, Trump dropped a "super egg," declaring that he will announce a peace plan for Russia and Ukraine within three days.
Previously, U.S. Treasury yields were unusual, the Bank of Japan took strong countermeasures, and Powell openly challenged, all signs have hinted at a shift in direction.
I had also predicted that Trump's tariff gambit would likely start with a high profile and end quietly, and now this trend is gradually becoming evident, with risk assets experiencing a reversal as well.
All along, the biggest problem facing U.S. stocks and the cryptocurrency market has not been a lack of profit opportunities, but rather a lack of reliable assets to hold with confidence.
Trump's policies are erratic, making it difficult for the market to grasp. However, often the greater the market uncertainty, the more intense the panic, and the greater the potential opportunity. Once everything settles down, a bull market may quietly arrive.