Market & Global News Summary
📉 US Tariff War, OBBB Act & Bitcoin: What's Going On?
🧾 Summary:
🇺🇸 Trump's OBBB Act (One Big Beautiful Bill):
→ Massive tax cuts, mostly for the wealthy
→ Projected \$3.5T revenue loss over 10 years
→ Only \$0.8T spending cuts to offset it
→ Result: \$2.7T budget hole → more US debt
📦 Solution? Trump’s Tariff Strategy
→ Reviving trade wars with Japan, EU, India, Vietnam
→ Goal: Use tariff revenue to fill OBBB's funding gap
→ Vietnam signed favorable deal (0% import duty on US goods)
→ Japan/EU unlikely to comply before elections – tension rising
💸 Market Impact & Inequality
→ Tariffs = Higher costs for companies → passed to consumers
→ Rich corporations (like Nvidia) benefit through special trade privileges (AI chips)
→ Result: Rich get richer, small firms & consumers suffer
📉 If negotiations fail:
→ More debt, credit rating downgrade risk
→ Higher interest rates on US bonds
📈 Bitcoin & Market Sentiment
🟢 BTC price surged past \$110,000
⚠️ But on-chain indicators (Apparent Demand, Bull Score) show no strong support
→ Might be a bull trap
→ Caution advised: price ↑ but demand ↓
💡 Takeaway:
• OBBB + Tariffs = High-stakes gamble
• Could reshape US economy into "investment-driven" vs "consumption-driven"
• Big money might love it, but risks are real
🧠 Investment Strategy Tips:
•Stay cautious this week (Trump may go full-on trade war mode)
• Watch for Non-Farm Payroll & Unemployment stats
• Look for signs of inequality deepening in wage/employment data
• BTC holders: don't FOMO — data suggests possible correction
Crafted this piece with attention to detail. Your thoughts and reactions mean a lot!
