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The U.S. stock market suddenly rose a few hundred points, what happened? It turns out that Trump continues to release good news on Friday, and the first positive thing that stimulates the stock market the most is that he has found a successor to the head of the US Federal Reserve, which means replacing the chairman of the Federal Reserve, Uncle Bao. Because he called Old Bao the late gentleman. Why? Because he has not cut interest rates for a long time, then this news has stimulated the market, and everyone thinks that if there is a new Fed chairman, interest rates will definitely be cut. And the principle of cutting interest rates is not based on the unemployment rate or the consumer price index, which are the two benchmarks of the Fed for a long time, but on what basis, to the difficulties of the US government.
What are the difficulties for the U.S. government? The interest he has to pay on the debt is too high, and Trump is now going to introduce a big beautiful law, which will also increase borrowing, so if there is more debt and high interest, the US government will not have a good time, so he wants to cut interest rates, which is the first good news for the stock market. Second, he announced that on Monday he would send a high-level delegation composed of the U.S. Secretary of the Treasury and Commerce, as well as the trade representative, to London and the Chinese delegation for the next round of trade talks, which is also good news, no matter what the outcome of the talks is, it will definitely be in the direction of positive energy, so. These two pieces of good news made the stock market rush up a little more before the weekend.