Pandora’s Box has opened, every curse and trouble had been released. She at once shut up the box, but already too late, or can be said too early. For the most important essence has be cut off, that is hope. So don’t worry, one more thing will come out at last, that is hope!
Now over 50 countries wished to talk with Donald Trump, and he already said the ceiling of tariff already reached, that means in the future, all negotiations will be beneficial to the market, and tariff will only go down and would not go up. But the most important thing is whether the magnitude can please the market or not. Donald Trump surely would take one or two steps backward so as to make the situation more stable, but how important that one or two steps are, we still have to watch future.
However, the stand point of China is still so firm. Altogether Trump already levied over 70% tariff on China, it is surely detrimental to manufacturing industry. The last tariff was 34%, so China at once place counter tariff of 34% and not 70%, which means still room for negotiation. One more is that the selling of TikTok is still under negotiation which is beneficial to both sides.
Technically, US stock market has entered into Bear Market, for we should aim at NASDAQ. But never mind, the recovery may take 6 months starting from March. The low valley may last for 6 months which means there are a lot of chances to buy in. When recession of stagflation comes, gold price will also drop. So for middle of 2025, gold and stock will be in low valley. There will be a lot of chance to buy at low no matter for gold of stock.
Keep calm and carry on!