The cow is dead??????
After the announcement of tariffs by the understanding king, the world entered a trade war driven by tariffs, impacting the global economy.
The financial markets were the first to react, and several countries' stock markets have already shown monopolistic mechanisms, with very serious effects.
The long-term impact of the trade war is negative for the economy; if the economy is not doing well, the financial markets will also face downturns [and previously, Trump released tariff news to pressure Powell to cut interest rates]. Now, the market is paying more attention to the interest rate cut in June.
I personally expect that the U.S. stock market will mainly open lower in the evening.
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