Apple, Nvidia, Dell, and Others Get a Tariffs Exemption Under New Rules
A historic week has passed, with both the US stock market and Bitcoin rising in the end, but the market has completely changed!
The volatility of US stocks has rarely exceeded that of Emerging Markets and Bitcoin, while US Treasuries, which have always been regarded as safe Assets, have experienced severe fluctuations, prompting investors to begin questioning the wisdom of holding USA Assets. UBS Group believes that once the Global risk-free interest rates fluctuate, it means that all markets will be disrupted. Analyst Ed Al-Hussainy pointedly stated, "I'm not really worried about a recession; I'm worried about a financial crisis."
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S&P 500 Global Sectors ranking: Technology, Hard, Equipment, and Semiconductors, as well as related manufacturing equipment, have risen.
S&P 500 Global Sectors Ranking Closing Price Previous Day Comparison S&P 500 5363.36 +1.81% ■ Top Gaining Categories Technology and Hardware 3645.97 +3.40% Semiconductors and Related Manufacturing Equipment 4734.74 +3.10% Materials 509.53 +2.90% Energy 605.93 +2.50% Capital Goods 1169.92 +1.92% ■ Top Losing Categories
Wealth Management Giant Says U.S. Stocks Are Attractive Amid Sell-Off
Fed's Williams Sees Greater Inflation, Slower Growth After Tariffs
Blackrock's CEO stated that the USA is very close to a recession, and it may even have already fallen into one.
Blackrock CEO Larry Fink warned that the USA economy may be on the brink of recession, as investor concerns over the economic slowdown have surged since Trump drastically raised tariffs, leading to a sharp drop in US stocks. He pointed out that Trump postponed some tariffs for 90 days, which actually means longer and greater uncertainty, making it difficult to boost market confidence. He also emphasized that the USA is not in a financial crisis, and long-term trends such as AI will continue.
Fed's Kashkari Says Markets Could Remain Restive Without Tariff Deals
China Raises Tariffs on U.S. to 125% in Latest Salvo; Dollar Falls
March US Producer Price Index, Core PPI Both Decline Unexpectedly, Year-Over-Year Rates Slow
The most accurate analyst on Wall Street: Trump has turned the "American exceptionalism" into the "American denialism", short the S&P 500 before the trade war calms down.
As the large-scale tariff policy implemented by the Trump administration triggers turmoil in the Global market, Michael Hartnett, Chief Analyst of Bank of America, regarded as Wall Street's most accurate Analyst, has issued a warning that unless the Federal Reserve intervenes to stabilize the market and the trade war calms down, the S&P 500 Index should be Sold at any rebound.
US Morning News Call | China Raises Tariffs on U.S. Goods to 125%
Freight rates for the US routes have dropped by more than 10%, and freight forwarders frankly say they are taking an extended break. Industry insiders say that the transshipment volume is small and not a major trend.
① Many freight forwarders have indicated that under the USA's "reciprocal tariffs," there has been a notable increase in the number of cargo rejections, and many shippers have also suspended shipments; ② Industry insiders say that the limitations of transshipment trade are significant, with restricted volume, and this is not a major market trend. The current situation is expected to accelerate and expand the pace of companies going overseas.
The dominance of the US dollar is faltering! Global de-dollarization is accelerating, and the euro and Gold have become the new favorites.
Bank of America pointed out that the dollar's share in Global Forex reserves has decreased from 66% in 2015 to less than 58% in the third quarter of 2024, and the attraction of U.S. Treasuries has also significantly declined. The three major factors that previously restricted the Euro have all been reversed, and central banks' Gold Buy volumes have exceeded 1,000 tons for three consecutive years. These two Assets are becoming a new direction for central banks' diversified allocation.
China Raises Retaliatory Tariffs on U.S. Goods to 125%
Express News | China announces additional tariff measures on U.S. goods, increasing tariffs on U.S. imports from 84% to 125%, effective April 12.
Trump's pause on the "tariff war" is useless! JPMorgan: The US stock market will continue to pull back, with uncertainty being the key.
①David Kelly, Chief Global Strategist at JPMorgan Asset Management, warned that despite President Trump postponing "reciprocal tariffs," the uncertainty around tariffs will still weigh down US stocks; ②Kelly believes that the biggest tax imposed on the US economy by Washington currently is the "tax of uncertainty," causing companies to halt hiring and cut costs due to unpredictability.
Investors Flee Dollar Assets Amid Tariffs Uncertainty
Regulation of Technology and value-added tax cannot be discussed! The EU warns the USA: If an agreement is not reached within 90 days, taxes may be imposed on USA technology companies.
The EU is ready to expand the transatlantic trade war from Commodities to the service sector. If negotiations on tariffs with Trump fail, the EU will impose tariffs on American digital companies, directly threatening the advertising revenue of US Technology giants like Meta and Google.