Non-farm data better than expected, the momentum for buying on dips may continue until the end of the tariff suspension!!!
Today the market breathed a sigh of relief because the employment data was better than expected. Although concerns about an economic recession are still brewing, the momentum for buying on dips may continue, at least until the end of the tariff suspension.
We have already seen how the financial markets would react if the Trump administration continues to implement its original tariff plan. Unless they adopt a different strategy when the 90-day suspension period expires in July, we will see a market trend similar to that of the first week of April.
If the Trump administration adjusts its tariff policy, changing the final goals and granting exemptions for unreasonable tariff levels, then the real economy can readjust, and the market will remain calm.