Musk is ready to reduce US government spending by $2 trillion
Most of the $2 trillion should be government procurement. The US government purchases medium, large and small enterprises of itself or its allies in proportion. If it really reduces $2 trillion, the profit level of these US stock companies will naturally decline.
Trump is going to engage in trade protectionism again, which will force the US dollar to rise, and the profits of which multinational technology companies in the United States will also be under pressure.
It is not to sing the pessimism of the US stock market, the logic is wrong. The United States is not Argentina, and Argentina does not engage in trade protectionism, and the Argentine stock market is not as large as the US stock market.
This reduction in spending will put pressure on the US stock market, the US military, US institutions, and even US allies to digest US debt.
Will the long-term capitalist operation market in the United States really be broken by Musk and Trump? Trump and Musk are also different in fundamental concepts. One advocates open source free economy, and the other engages in trade protection. Trump, Milley, and Musk can play together, and the world will be crazy...
