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Today the financial group is in an uproar again.

CN
Rocky
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1 year ago
AI summarizes in 5 seconds.

Today, the financial group is in an uproar again, discussing the authenticity of the U.S. employment data. Some local friends in the U.S. say the situation is not ideal, with many large companies laying off employees, housing prices and rents starting to decline, and credit card default rates reaching a nearly four-year high. However, the current employment data still looks good, which is quite contradictory!

Regardless of whether the U.S. employment data is true or not, its essence is to boost the U.S. dollar index and drive up U.S. Treasury yields! This is to curb the excessive decline of the dollar, which has triggered a series of capital outflow issues, especially with China's current large-scale market rescue plans, which have significantly impacted the outflow of dollars!

Additionally, the situation in Israel and the surrounding Middle East is starting to deteriorate, with the U.S. being the big brother behind Israel and China being the big brother behind Iran. The competition is heating up! The Dongfeng Express has already established China's military prestige, and at this moment, the U.S. is likely determined to win this smoke-free financial war!

The world situation is like a game of chess; whether in military or financial competition, the essence is interests. The U.S. and China will continue to compete for a long time until there is a formal handshake and the trade war is resolved! With the current level of losses, admitting defeat would mean losing everything; holding on may still offer a glimmer of hope, and the ultimate winner will take all!

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