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Analysis: The market has changed from expectation to worry, "Trump options" disappears
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4 hours ago 3,334
According to Golden Finance, institutional analysts said that "Trump options" no longer exist. The evidence is that U.S. stocks have wiped out almost all the sharp gains since (Trump) election day, and this decline has also affected Bitcoin and other risky assets. There have been expectations for President Trump to relax regulations, tax cuts and other fiscal stimulus measures, which have now been replaced by concerns. "The chaos in the U.S. government has brought a lot of uncertainty. It's simply a Trump-induced fire," said Chris Galipeau, senior market strategist at Franklin Templeton Investments. Benoit Anne, general manager of Meisheng Investment Management, said the trade war is a risk to economic growth in the United States and other parts of the world. The stock market is reflecting this point. US stocks are no longer rising all the way, and the situation is more complex and changeable now. "The worst may be over soon, with the stock market now in a "discount promotion" state and the scope of profit growth is expanding, which is a positive factor, and mid-cap and small value stocks look particularly attractive. As AI-related transactions "lose support more and more", even the "Big Seven" in the tech industry are almost becoming good bargains."
Keywords: Bitcoin
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