RE: 90 Days Truce10 Apr 2025 12:02
Hi imo with these 90 days, things have improved for sentiments and for the economies as a whole.
This of course is compared to all out war, with tariffs threatening and also Trump unpredictability.
The market might be changing from a technical re-bounce, to a more sustained rise, albeit still with lots of volatility.
I am expecting a Chinese retaliation and probably it is already priced in.
I am also expecting a red closing on US market (though its 50/50), is more likely, whereas before was selling the rise, now is more buying the dips.
If Trump sticks to his words on 90 days and news start to come out of deals been made, the market will like it.
TSMC just reported blow-out results and the market drive from M7 is still alive. Is more secros picking right now. Then there is always the big drive, that is the Fed. CPI out soon, that will also be important, any excuse for easing will prop the market higher but possibly will never reach recent high, till fundamentals will justify it.
All IMO DYOR