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The black swan comes unexpectedly; that shot should have really killed Trump.
Many groups are spreading the news that Trump announced a 100% tariff on China starting from November 1st, but there are many social media posts on Twitter that cannot find the source. There is indeed a screenshot on Truth, but it was posted yesterday.
In simple terms, this black swan event is just a massacre of long leverage in the contract market by market makers taking advantage of the news, that's all.
As for whether there will be a bull market in the future, everything is still questionable. Personally, I tend to think that even if it pulls back, it will still be a bull's tail, and it will drop down at the latest by November.
The root cause is still the serious issues with the US economy, the untimely interest rate cuts, data fabrication, the challenge to the dollar's hegemony by the internationalization of the yuan, and the political turmoil caused by the bipartisan struggle. These are all real problems.
According to the Biden administration's approach, it belongs to nurturing, and there is still a chance for a soft landing. However, although this big brother Trump comes from a business background, too many of his decisions are like throwing punches randomly, messing things up. It has been very difficult to resolve in these four years.
In short, short-term prosperity cannot hide the long-term decline. Even though interest rate cuts are a good thing, in the context of the current environment, such cuts will only lead the market to believe that the U.S. economy is on the verge of collapse, and it might backfire.
Moreover, after the establishment of the War Department, the goal of the United States is to return to the path of dominating the world through military force. The conflict in Venezuela may just be the beginning, and what Israel really wants to deal with is Iran. The Israel-Iran conflict 3.0 could erupt at any time.
Although I have a long-term pessimistic view, if Trump doesn't stir things up during the day, I personally still anticipate a rebound, because market makers are here to leverage, not to cause destruction. Trump indeed wants to wage a tariff war, but if the stock market really faces issues, it's likely that the focus will still be on soothing the situation.
Finally, in order to survive in the financial market, the last thing you can have is a stamped mindset. Sing whatever script you are given, go long on good scripts, go short on bad scripts, and avoid tricky markets! #CoinDesk9月Gate战绩来袭 #GateFunMeme创作大赛来袭 #美联储降息预期升温