Trump Pauses 'Reciprocal' Tariffs, but Hits China Harder
As Musk and others celebrate the delay in tariffs, analysts warn that the USA has not escaped the troubles caused by tariffs.
① President Trump of the USA announced a temporary suspension of tariff actions against certain countries, providing a 90-day exemption period, which pushed US stocks to rise across the board; ② Notable investors and entrepreneurs such as Bill Ackman and Elon Musk praised Trump's "responsive approach," but economists remain pessimistic; ③ Analysts warned that the current tax rate in the USA is still worse than the worst-case scenario expected, and the economic damage has not disappeared.
Trump leads the way, is insider trading rampant in the U.S. stock market?
Before Trump released his tweet, there was unusual Options Trading in the U.S. stock market, with a large amount of buying of SPY and other Call options. The timing of the trades was precise and the returns were astonishing, with some options skyrocketing by 2100%.
Global market "Just out of ICU and straight to KTV" Investors' concerns: price fluctuations depend entirely on a single statement.
Despite the market's dramatic rebound, Wall Street has serious doubts about how long this rebound can last. After all, a single tweet can bring the U.S. stock market back to life, but it can also overturn everything again.
What is the probability of an economic recession in the USA? Trump's erratic changes, Goldman Sachs puts on a "face-changing show."
① With USA President Trump being unpredictable on tariff policies, Goldman Sachs staged a "flip-flop" on the probability of a recession in the USA on Wednesday; ② On April 9 local time, Goldman Sachs released a report raising the possibility of a recession in the USA to 65%. However, just over an hour later, the bank quickly revoked this expectation, readjusting the recession probability to 45%.
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Market manipulation? Trump calls on investors to buy U.S. stocks: now is a good time to enter the market!
① The USA President Trump openly suggested investors to Buy US stocks on Wednesday; ② Those who followed his advice indeed reaped significant rewards that day, as just a few hours after issuing the 'Buy' call, he postponed some 'reciprocal tariffs,' triggering a strong market rebound; ③ On retail investor forums in the USA, some investors questioned his actions, considering it equivalent to market manipulation.
What happened in the 18 hours that changed the Global market?
At 9:33 AM on Wednesday, Trump posted to urge everyone to "stay calm" and stated that "now is a good time to Buy"; at noon, Trump held a meeting with the Secretary of Commerce and the Secretary of the Treasury to discuss the latest tariff policies; at 1:18 PM, Trump announced a delay in the tariffs. In the subsequent press conference, Trump mentioned that he had been considering a change in direction over the past few days, ultimately deciding that it was "possibly reached this morning."
Why did Trump "surrender to the market"? When developers who started out relying on debt saw the bond market collapse, Banks executives said the economy is not doing well.
For Trump, a businessman whose career mainly relies on borrowing to engage in Real Estate, the warnings from the US debt market are particularly sensitive, and seeing JPMorgan CEO Dimon warning about a recession in the USA on his favorite Television further undermined Trump's position.
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Wall Street Soars As Trump's 90-Day Tariff Pause Triggers Biggest Rally Since 2008
The US temporarily suspends some tariffs, leading to a major rebound in gold, Copper, and oil, with the NASDAQ rising over 12%, significant increases in Chinese stocks and the renminbi, and a rise and fall in the yield of ten-year US Treasury bonds.
The Magnificent 7 rose at least nearly 10%, with Tesla up nearly 23%. The ten-year U.S. Treasury yield increased by more than 20 basis points during the session but retraced gains after Trump's speech. Following Trump's announcement of tariffs, the Mexican peso rose over 3% during the session, while the offshore Chinese yuan briefly rebounded over 800 points, breaking 7.35. Bitcoin surged by over 8000 USD, approaching the 0.083 million mark; the session saw gold futures rise over 4%, and copper rose nearly 8%.
The US stock market is experiencing a rare celebration, but this may not be a true bull market signal.
The US stock market welcomed a rare celebration on Wednesday.
U.S. stock market close: The Nasdaq surged 12% in a single day, with six of the 'Big Seven' companies seeing double-digit gains.
① Tesla rose over 22%, NVIDIA increased by nearly 19%; ② PHLX Semiconductor Index rose about 19%; ③ Nasdaq Golden Dragon China Index rose by 4.5%; ④ Amazon launched the AI voice model Nova Sonic.
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