#BinanceTurns8

🔥 Wall Street Before an Explosive Week: Reports, Tariffs, and Geopolitics

📉 On Tuesday, quarterly reports will be submitted by five of the largest banks in the US — and the market is holding its breath. The reason: not the numbers, but the signals about how the financial sector is coping with the rising storm.

❗️ Goldman has already warned: tariffs are eating into margins, and businesses cannot pass costs onto customers. The forecast for S&P 500 profit growth is just +4% (just recently it was +12%).

🇪🇺 Europe is a rare exception: banks in the EU had their best first half of the year since 1997. But whether Wall Street can replicate this trick is an open question.

💥 And all of this is against the backdrop of a political scandal:

— The US ignored the G20 meeting in South Africa

— The Treasury Secretary is flying to Japan instead of the summit

— South Africa faces a 30% tariff — the first African victim of the new trade war

— The G20 summit in November promises to be heated

📌 In summary:

— Reporting may trigger a correction

— Tariffs and geopolitics are amplifying instability

— The market is overheated, and demand for *alternative assets* (including crypto) may sharply increase — as a reaction to a potential chain reaction of problems in the banking sector.