The amazing financial storm is coming, as if we have seen the prelude of the disaster! Next week, a huge financial wave will sweep the world, and the center of this storm is the financial market we are familiar with!
The yield of US bonds has fallen to an unprecedented low, and the three consecutive months of plunges have almost returned to the level of March this year! The US index is also like a kite with a broken line, falling all the way below the 200-day line and heading straight for 103! What's worse is that the stock markets in Europe, Japan and South Korea have fallen as if they were swept by a hurricane, and even the big ship of US technology stocks has begun to shake. Only the Dow Jones is still stubbornly supporting.
The question is, where did the funds that fled frantically go? Let me tell you, it's gold! This traditional safe-haven asset is soaring wildly, as if it has become a safe haven for global funds! The reason why the Dow Jones can still barely maintain is related to the increased possibility of Trump's return to power, because the Dow Jones is closely related to industry, and Trump's policy of returning to manufacturing happens to fit this trend.
However, if the US stock market still fails to recover by Friday, it means that the capital's expectation of interest rate cuts has begun to turn into actual actions! The interest rate cut is a big test for the US stock market, but if this impact can be digested in advance, it will be a godsend for Bitcoin!
