The market always swings between truth and narrative, but data never lies!

Plain Language Interpretation

Trump is indeed anxious this time—he claims he will "appeal to the Supreme Court on Wednesday" to overturn the illegal tariff ruling, and shifts blame by saying, "The sharp decline in the U.S. stock market is because the market craves tariffs." But what is the reality? Professional analysis shows that the main reason for the stock market decline is the pressure from corporate bond issuance and fiscal concerns in developed countries, and it has nothing to do with tariffs.

According to the latest market data:

The main reason for the U.S. stock market decline this week is that the daily issuance of corporate bonds reached a new high for the year (over $20 billion), combined with risk-averse sentiment triggered by the postponement of the EU fiscal stimulus plan;

Trump's so-called "Wednesday appeal" is misleading—The Supreme Court is on summer recess until October, making it impossible to expedite a ruling (previous similar tariff appeal cases averaged over 11 months for processing).

Key Question: When political narratives collide with hard data, how should you adjust your positions? Tonight at 8 PM, I will use on-chain data to break down the real signals amid "policy noise!"