One of the biggest issues of the year is the Trump administration’s tariffs. First of all, I think I’ve talked about universal tariffs several times. As the ripple effect is so strong… And as other countries are already fighting against universal tariffs… You’re going to find Trump quite perplexed by the strong dollar that’s been…

We’re continuing our annual outlook. However, since it’s a weekday essay, the progress is not as easy as I thought. Now we have the bond market and China story left, and we’ll sort it out to some extent through this weekend’s essay. And we’ll have to sort it out. In the end, what we need…

It is a time of great concern. Not only is the U.S. dollar strengthening, but there are also high interest rates, Japan and China’s response, and the Bank of Korea’s Monetary Policy Committee are mixed with a number of issues. With the outlook for a further rate cut coupled with the recent surge in the…

01/17 U.S. stocks close lower with Apple, Tesla and options after gains on TSMC The U.S. stock market started higher reflecting expectations for the earnings season. In particular, semiconductor stocks led the rise due to TSMC’s earnings announcement (+3.86%). Meanwhile, the weak dollar and interest rates, which had been strong after the announcement of economic…

Currently, the Fed is using two cards at the same time, QT (currency contraction through OMO transactions) and base rate cuts (currency expansion through credit generation). The 👉 QT is quite direct,👉 Adjustment of the benchmark interest rate takes about 14-20 months to take effect. This appears to be an attempt to mitigate potential recession…