The "Super Week" is coming, with the world focusing on the USA and China! China's GDP and the USA's CPI are about to be revealed, and the earnings reports season for the US stock market is starting.
This week can be described as a "super heavy week" for the financial markets, with Global investors focusing on China and the USA, these two superpowers.
The new U.S. Treasury Secretary's Hold Positions: S&P 500, Nasdaq, Bitcoin, Gold...
Bescent holds over 50 million dollars in S&P 500 and Chinaamc NASDAQ 100 ETF(QDII), between 0.25 million and 0.5 million dollars in iShares Bitcoin REITs ETF, as well as over 50 million dollars in US government bonds. Additionally, it includes various assets such as artworks, antiques, farmland, and luxury homes, with total assets amounting to at least 0.521 billion dollars.
The CEO of JPMorgan evaluates Trump's tariff policy and warns about geopolitical fragility!
Damon stated that he has already had discussions with some of Trump's staff and offered assistance because "setting politics aside, policies must be correct."
Patience Over U.S. Treasury Duration Seen as a Virtue -- Market Talk
U.S Economy, Liquidity Injections, and How They Might Help Crypto & Bitcoin
As US Treasury yields "soar," the correct approach may be to increase holdings in US Treasury ETFs.
On Friday, the 10-year U.S. Treasury yield, known as the "anchor of Global Asset pricing," surged to 4.79%, the highest level since October 2023.