🔥BRUTAL🔥
🧨It seems that trade agreements will start to arrive
🎯We have seen that this is a bullish catalyst for stocks and #Bitcoin. Let me explain why.
What new news do we have regarding the trade war⁉️
▪️The European Commission is "willing to accept a 10% tariff"
▪️Trump stated that the agreement with Canada could arrive in days or weeks
▪️The United Kingdom claims it is in the final stages of implementing a trade agreement with the U.S.
▪️With China, they have already reached a preliminary trade agreement. This agreement could be finalized in the coming months
Why is this important⁉️
📍It is important because it increases expectations of economic growth and eliminates fears of a global recession
📍Both are positive for financial markets
📍Additionally, it is key for the Fed to cut interest rates, as tariffs being inflationary (according to the Fed) reduce the probabilities of rate cuts.