Good morning~ A wonderful day has begun! Your position is still there, congratulations!
【Tariff Update】
－Tariffs for other countries will be reduced to 10% in the negotiation period within the next 90 days
－Tariffs on China raised to 135%
【Nasdaq has recorded its largest single-day increase since 2001】
－Dow Jones Industrial Average rose 7.87%
－S&P 500 Index rose 9.52%
－Nasdaq Index skyrocketed 12.16%
To summarize, Trump has temporarily abandoned the crazy tariff threats, which has driven the stock market to rise sharply.
But the problem is: market uncertainty has not been resolved.
After all, the tariff policy is set by someone who would shout "Now is the best time to buy!! DJT" before announcing policies, and after increasing tariffs would say "I can't imagine raising tariffs on China again," only to immediately increase them again. Trump himself is currently one of the biggest variables and sources of risk in the market.
Of course, the Nasdaq's sudden surge is not a healthy phenomenon; such an increase is more like a temporary relief and does not truly solve the underlying issues.
Now, what will you choose?
