Donald Trump gave the longest State of the Union speech ever. This is a speech of a combination of the plan for coming year and report for past year. Normally given in the beginning of a year on the 2nd, 3rd and 4th year of presidency, for the 1st year the outlook is given in the inauguration speech.
One thing nearly every president would talk about is job creation, and said the era under his rule is the best. However, we should know the focus, it is still on tariff. Even the Supreme Court gave a verdict that it is illegal, but as predicted before, the terms of carrying out are in neutral way so as to avoid great turmoil to the market. That is the verdict had not mention strict rules on refund and leaves grey area for Trump to find alternative methods.
Even though market afraid most is uncertainty, but the response of the market is not so bearish or bullish. It fell and rises again. Some stocks even on record high like TSM. Even Mars project called for a halt, but Moon project carries on. Military stocks are on high for they are overlapping space industry stocks which will have great development in lower orbit of space centre and solar electricity. Some stocks had fallen too much and quite attractive such as MSFT, AMZN and META. They are the Magnificent Seven, don’t worry, you can buy at any time. TSM is mentioned by Big Cycle as in Stage 6, but its place is irreplaceable.
There is one more term concerning Angle Family on page 9. Donald Trump proclaimed Feb 22 as “Angle Family Day”, so as to commemorate victims killed by illegal immigrants and thus highlighted the administration’s immigration enforcement agenda. Anyway, it denotes he will carry on strict rules on illegal immigrants.
By the way, I also want to point out in the Operation Desert Storm of 1991, on reaching the date of deadline. George Bush had not ordered the UN force to attack at once, and let Iraqi soldiers put on full gear to watch the sky from night to morn and got fatigue. The real attack was on second evening when defense soldiers were tired and worn. We do not know what would happen this year, just be alert but the market is still bullish.