Is the U.S. Treasury auction triggering a disaster of 'triple kill' in stocks, bonds, and currencies? Wall Street is afraid of much more than just this!
① For Wall Street, this Wednesday undoubtedly faced another "triple kill" trading day of stocks, bonds, and currencies; ② and amid the cries of significant losses, U.S. Treasuries undoubtedly became the "eye of the storm" in the entire financial market...
Global winds have rebounded strongly! Bank of America data reveals bull market signals, but the shadow of "long-term stagnation" has not yet cleared.
Bank of America stated that the current global risk appetite Indicators have rebounded from a low level to a neutral level. However, in the future, there are still challenges such as weak corporate earnings and sluggish economic data, and discussions about "long-term stagnation" may heat up again.
Dollar Slides Amid U.S. Tax Bill Deficit Concerns
Why doesn't the market favor the tax cut bill? Deutsche Bank: It will add 5 trillion in debt, "Trump has hardly been serious about controlling the deficit."
Trump's tax reform proposal will lead to a significant increase in the recent fiscal deficit, adding approximately $5 trillion in debt to the United States over the next decade, even considering the tax deferral measures, it will be difficult to offset this trend.
U.S. Futures Decline as Dollar Falls Amid Concern Over Tax Bill
Consumer sentiment continues to deteriorate; the United States might scare itself into a recession!
Is the U.S. economy falling into a "self-fulfilling recession"? Wall Street bigwigs warn that a collapse in consumer confidence could lead to zero GDP growth, making an "act of self-harm" economic recession difficult to avoid!