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Fed's mouthpiece: Powell's "final exam" is getting more difficult!
The economy is starting to fall into chaos, political hostility is rampant, and Powell's "last year" is becoming increasingly difficult.
The latest statement from the U.S. Treasury Secretary: On April 2, each country will receive a "tariff number," with 15% of countries accounting for the majority of the taxes.
Bescent stated that on April 2, each country will receive a "tariff number," which represents the level of tariffs they will face. For some countries, the tariffs may be relatively low, with "15% of countries accounting for the majority of the tariffs imposed."
U.S. stock market early session | The three major indexes collectively weakened, with the Nasdaq down nearly 2%; Technology stocks fell broadly, with Tesla down over 6%; Some Chinese concept stocks rose against the trend, with Tencent Music up over 7%.
Investors remain cautious ahead of the upcoming MMF policy meeting by the Federal Reserve. The market will closely monitor the Fed's comments on the potential impact of current tariffs and trade wars on the economy.
Is the rebound of the US stock market just a "flash in the pan"? What Wall Street is most worried about is Trump and the Federal Reserve.
Deutsche Bank believes that the sell-off in the USA stock market is not over yet. Morgan Stanley also stated that the market may experience a 'tradeable rebound', but unless 'numerous growth headwinds (Trump's tariff policy) are reversed' or the Federal Reserve resumes rate cuts, a sustainable rebound to new historical highs is unlikely.
U.S. Stock Market Preview | Highly anticipated! Jensen Huang will deliver a GTC speech tonight; most Chinese concept stocks are rising pre-market, with NIO and Li Auto up nearly 5%.
Short sellers of Tesla greet the "dawn"! They made a huge profit of 16 billion dollars from the halved Market Cap; differs from Morgan Stanley and Citigroup? Deutsche Bank: The decline of US stocks is not over yet, the only question is Trump.
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday as Investors Exercise Caution Ahead of Fed Meeting