qinbafrank
qinbafrank|1月 14, 2026 16:30
Tonight, the market continues the trend of US stocks dropping while Bitcoin rises. Seeing all kinds of interpretations about the escalating Iran situation, Powell's criminal investigation, and concerns over the Supreme Court's tariff ruling. From a personal perspective, these probably aren't the main reasons, because these events would impact both the stock market and the crypto market. Plus, the Supreme Court has delayed the ruling again, and the stock market still hasn't improved. The core issue is what we talked about this morning: fundamental divergence. US stocks are weighed down by Trump's proposal to cap credit card interest rates and big tech companies fully bearing data center electricity costs. Otherwise, it's hard to explain why tonight, even with the latest earnings report from Bank of America beating expectations, the stock still dropped nearly 5%. Credit card business accounts for a significant portion of major banks' earnings. Capping credit card interest rates will inevitably reduce banks' credit card revenue and raise the threshold for issuing cards, making it harder for lower-income groups to get credit cards. Big tech companies fully bearing data center electricity costs will also eat into profits, sparking market concerns.
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