Tariff Blunder! The Market Bets Trump Will Back Down: Liquidation Must Happen on April 9!
Don't be fooled by the rebound! Right now, it's just a brief calm before the storm!
Yesterday, the market was just tricked by the false news of 'tariff extension for 90 days', but it turned out to be a blunder, yet the US stock market and the cryptocurrency market still rose—this shows that retail investors fundamentally don’t believe Trump will really impose tariffs as harshly as on April 2!
The White House is now secretly bargaining with more than 70 countries, and the tariffs announced on April 9 are likely to be gentler than originally planned; even if it's just a slight easing, it's considered 'favorable'.
Today, US stock futures are collectively rebounding before the market opens, with the Nasdaq rising 1.6%, and the fear index VIX dropping to 43%, but don't celebrate too soon!
Right now, it's at most just a breather in a bear market; the real storm will come with the May CPI/PCE inflation data and July GDP!
Currently, the 20-year and 30-year US Treasury yields have retreated from their high of 4.6%, but there isn't much time left to buy the dip—this rebound could very well be just a zombie rise, absolutely not a reversal?
Dream on! Trading difficulty in April is maxed out; hold on tight and don't get reckless!
