QCP: All risk assets are expected to continue to be under pressure in the short term, and market sentiment remains depressed

Odaily Planet Daily News QCP released today's chart and said, "Trump is about to release a series of tariff measures in the Rose Garden. In the short term, we expect all risky assets to continue to be under pressure. But as the new status quo gradually stabilizes, we may see some "non-American exceptionalism". Even if the United States may be marginalized due to policy choices, global stock indices may continue to rise and set new highs. The market expects the Federal Reserve to cut interest rates 2.5 times in 2025. The Federal Reserve is facing difficulties. Weak consumer confidence and soft data may indicate a slowdown in US GDP growth in the second quarter. At the same time, inflationary pressures caused by tariffs may gradually intensify from April 2. In a classic stagflation environment, the Federal Reserve is more likely to raise interest rates than cut them. Under the current circumstances, the Federal Reserve seems inclined to take a wait-and-see attitude. In terms of cryptocurrencies, market sentiment remains sluggish. Bitcoin continues to fluctuate without obvious direction, while Ethereum maintains support at $1,800. Overall, the crypto market is showing signs of weakness, with many cryptocurrencies down 90% year-to-date, and some currencies have fallen more than $100 in the past week. 30%. Unless there is a major change in the macroeconomic situation or a strong catalyst, we do not expect the market to have a substantial reversal. Although light positions may support a small rise, we will not chase any upward trend until the macro environment improves. "