“头条主宰市场”的一周——格陵兰岛开启，随后是日债崩盘、特朗普TACO，日元干预收尾

Group 1 - The global capital markets experienced significant volatility driven by geopolitical tensions and sudden shifts in monetary policy, leading to a week characterized by extreme market fluctuations [2][3][4] - Key catalysts included Trump's comments on Greenland and subsequent tariff threats, which triggered one of the most synchronized market sell-offs since the pandemic, alongside a collapse in the Japanese bond market referred to as the "Truss moment" [4][9] - The week ended with a highly divided market: stock indices saw slight declines, volatility surged, the dollar faced significant losses, while precious metals reached new highs [5][13][19][21] Group 2 - The correlation between stocks and bonds broke down again, prompting investors to reassess the effectiveness of traditional hedging strategies [7][29] - The market saw a notable divergence in asset performance, with the Nasdaq managing to hold slight gains while other major indices declined, marking the first consecutive two-week drop for the S&P 500 since June 2025 [13][15] - Gold prices rose for five consecutive days, nearing $5,000, while silver surged to a peak of $103, reflecting strong demand amid geopolitical tensions [21][23][24] Group 3 - The market faced a significant challenge as traditional 60/40 investment strategies (60% stocks, 40% bonds) experienced their largest single-day loss since October of the previous year, raising debates about hedging strategies [28][29] - Concerns about synchronized market reactions have intensified, driven by structural changes where bonds no longer serve as reliable hedges against stocks, leading to increased volatility [31] - As earnings season approaches, the market is set for new tests, with major tech companies like META, Microsoft, Tesla, and Apple preparing to release their results, which could influence risk asset pricing [37]