说好的衰退呢？美股的突然反弹让基金经理们措手不及

Group 1 - The core message of the news is that the recent suspension of tariffs between the US and China has led to a significant market rally, with the S&P 500 index rising 3.3% this week, erasing all losses for the year [1][3] - The US has canceled 91% of the additional tariffs, and China has reciprocated with a similar cancellation, which has sparked a shift in market sentiment and forced investors to reassess their positions [1][4] - The market's reaction has resulted in a strong rebound in US stocks and the dollar, while traditional safe-haven assets like gold have seen a decline [1][5] Group 2 - Institutional investors who had taken a cautious stance on US assets are facing significant losses due to the unexpected market shift, leading to forced liquidation of short positions [3][4] - Retail investors have benefited from the market's dramatic turnaround, with the Nasdaq Composite index surging nearly 30% since the announcement of the tariffs [5][6] - Some asset management firms caution that the current optimism regarding trade may be overdone, suggesting that the potential economic impacts of the trade war have not yet been fully realized [6][7]