$2 trillion added to the U.S. stock market at open š¼
The reason? A surprise U.S.āChina tariff rollback deal.
š¤ The U.S. will cut tariffs on Chinese goods from 145% to 30% for 90 days. China is slashing its tariffs from 125% to 10%. Other non-tariff restrictions are also being removed.
Markets loved it. S&P 500 futures jumped 2.8%. The dollar is rallying.
This is not just trade relief ā itās stimulus by another name. Global liquidity pressure just dropped.
šŖ BTC ATH is coming faster than people expect. The macro tailwind just flipped.