Institution: The trend of buying on dips may continue until the end of the tariff suspension

律动BlockBeats|May 02, 2025 14:49
BlockBeats News: On May 2nd, Chris Zaccarelli, Chief Investment Officer of Northlight Asset Management, said that the market breathed a sigh of relief today because the employment data was better than expected. Although concerns about an economic recession are still brewing, the momentum of buying on dips may continue, at least until the end of the tariff suspension.
We have seen how the financial markets will react if the Trump administration continues to implement its initial tariff plan. Therefore, unless they adopt a different strategy when the 90 day pause period expires in July, we will see a market trend similar to the first week of April. If the Trump administration adjusts its tariff policy, changes the ultimate goal, and exempts unreasonable tariff levels, then the real economy can readjust and the market will be calm. However, we have not yet emerged from the predicament
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