Group 1 - The confidence in the U.S. economy supporting the market is wavering due to weak employment growth data and new tariffs imposed by President Trump [1][2] - The U.S. non-farm payrolls increased by only 73,000 in July, significantly below the economists' forecast of 100,000, with prior months' data being revised downwards [1] - The new tariffs have raised the average tax rate on U.S. imports to 15%, the highest level since the 1930s, contributing to increased market volatility [3] Group 2 - The weak employment data has led to a significant increase in traders' bets on Federal Reserve rate cuts, rising from 40% to 91% [2] - The Cboe Volatility Index (VIX) has surged above 20, indicating heightened market volatility for the first time since early April [3] - The combination of weak employment data and tariff uncertainty presents new challenges for the market, reminding investors of potential risks ahead [4]

尽管经历了特朗普关税政策带来的剧烈市场动荡，全球股市在4月依然微微收涨，演绎了一场惊人的"深V"反弹。 市场回升在很大程度上由于特朗普政府采取的几项措施来软化其贸易政策，这让市场相信，如果经济数据恶化且市场再次暴跌，特朗普将采取进一步措施缓 解关税。 也有观点认为，衰退预期激发了市场对美联储降息的预期，再次唤起了"坏消息就是好消息"的市场逻辑。但也有分析师并不乐观，认为市场的反弹不过是 暴风雨来临前的短暂平静，只是因为在过去一周左右的时间里，市场缺乏足够的经济数据来指引方向。 苹果公司的表现也是市场波动的缩影。受制于对海外制造业的依赖，苹果股价一度大幅下挫，但在政府宣布对手机、电脑和其他科技设备的豁免后，股价又 大幅反弹。 苹果周三上涨0.6%，全月下跌4.3%。 4月股债剧烈波动的同时，其他资产类别也呈现出显著的分化表现。 全球市场月度"深V"：几乎毫发无伤 周三，尽管当天公布的数据显示美国经济在今年第一季度出现萎缩，美股指数仍然上演了强势反弹。道琼斯工业平均指数上涨0.3%，标普500指数微涨 0.1%，而纳斯达克综合指数则小幅下跌0.1%。 值得注意的是，道指与标普500指数已经连续七个交易日上涨，标普 ...