Trump Says the Market Is Strong! Asia Tour Begins, Can Stocks Keep Rising?
@Tiger_comments:
Trump said: “Thanks to our tariff policy, the stock market is stronger than ever.” $NASDAQ(.IXIC)$ has been on a 7-month winning streak, repeatedly hitting new highs, but right now the market seems “stuck—can’t go up, can’t go down.” Investors are focusing on two major events: this Friday’s US CPI report and next week’s APEC summit. September CPI came in at 3% year-on-year, the highest since January 2025, slightly below the market consensus of 3.1%. Core CPI also rose 3%, below expectations of 3.1%. Traders have increased their bets that the Fed will cut rates twice more this year. Trump is about to start his Asia tour, traveling from Malaysia → Tokyo → Busan → Beijing. According to the White House itinerary, he will hold intensive bilateral meetings in each country and attend APEC summit events. Yet the biggest question mark is—will US and Chinese leaders actually meet? In the past two weeks, Trump’s stance has been inconsistent: 📉 First, he made tough statements, causing the “Black Friday” market drop; 📈 Then over the weekend, he softened his tone, saying a meeting was still possible; This week, he changed again: he will attend APEC, but a meeting is not guaranteed. Meanwhile, China’s Ministry of Foreign Affairs stated: “Leader-level diplomacy plays an irreplaceable strategic role in US-China relations. The two countries’ leaders maintain close communication and engagement.” Currently, the market is in wait-and-see mode. If CPI comes in moderate and APEC delivers positive signals, stocks could continue rebounding. But if negotiations hit turbulence again or inflation surprises on the upside, US equities could see a short-term correction. It all seems to depend on: 📊 Is Trump traveling with long positions or short positions this time? After all, from the April sell-off to the recent Black Monday and Friday, Trump and his family have made a fortune off these market events. 💬 Discussion Questions: Do you think this Asia tour will lead to reconciliation or escalation? After the CPI release, can Nasdaq extend its 7-month winning streak to eight? If US and Chinese leaders don’t meet, will the market react with disappointment?
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