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March opened with a downturn! Wall Street is completely panicked: will there be three interest rate cuts this year?
① A sell-off tsunami has flooded the U.S. stock market, with a rush of safe-haven investments pouring into U.S. Treasuries; ② For Wall Street traders, although it is only the first trading day of March, they seem to have been 'dazed' by a fierce wave of stock market sell-offs...
Wall Street Tumbles As Trump Announces 25% Tariffs, Manufacturing Data Weakens
Investors May Be Riding a 'Bucking Bronco' Stock Market Into April
Apollo Asset Management Said That Only About 50% of U.S. Households Have Retirement Savings
Worried about the deterioration of the USA economy, Goldman Sachs' chief U.S. equity strategist stated that each rebound of the S&P 500 may be temporary.
David Kostin believes that the current positioning level of the S&P 500 Index is still insufficient to trigger a "tactical rally due to low positioning." To completely reverse the recent weakness in the stock market, the outlook for economic growth in the USA must improve.
US Morning News Call | Trump Names Five Cryptocurrencies in Strategic Reserve
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