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Trump Says He 'Was Right About Everything,' Credits Tariffs For Dow Jones At 50,000, Predicts It Will Reach 100,000 By This Time
Yahoo Finance· 2026-02-10 19:31
President Donald Trump hailed a historic Wall Street milestone Friday as the Dow Jones Industrial Average closed above 50,000 for the first time, a surge he attributed to his administration's aggressive trade policies. Presidential Victory Lap Writing on Truth Social, the President linked the market’s record performance to his protectionist agenda and national security strategy. "Record Stock Market, and National Security, driven by our Great TARIFFS," Trump posted, following the index’s climb to 50,115.6 ...
X @Unipcs (aka 'Bonk Guy') 🎒
RT EliZ (@eliz883)$FLOKI I like hereThe chart, if it manages to hold this weekly low, has room to generate a temporary technical rebound.We're not talking about a genuine reversal, but a typical reaction when the price reaches a level that has previously shown demand.The idea here is simple: only enter if you have a clear, nearby invalidation.In scenarios like this, it's the only sensible way to trade minimal risk, a clean read and zero forced interpretations. ...
Why China hasn't bailed out Vanke: Economist on property sector outlook
Youtube· 2025-12-02 05:08
Core Viewpoint - The Chinese property sector is experiencing a significant decline, with sales and investment decreasing at an accelerating rate, leading to a pessimistic outlook for the second half of the year despite initial hopes for recovery [1][3][4] Property Sector Performance - Property prices in tier one cities have dropped by 30%, while in tier two cities, the decline is between 40% to 50% or more [5] - The government announced a 300 billion yuan bailout fund to address unsold inventories, but this amount is insufficient compared to the sector's annual sales of approximately 7 trillion to 8 trillion yuan [5][6] - The ongoing issues in the property sector have persisted for nearly five years, with many developers facing financial difficulties and investigations due to past aggressive expansion and illicit activities [4][7] Economic Dichotomy - There is a noticeable divide in the Chinese economy, with high-end manufacturing and AI sectors performing well and gaining market share, while the property sector continues to struggle [2][3] - The property sector's contribution to overall economic growth is diminishing, leading to a perception that its weaknesses can be overlooked [3][4] Market Sentiment and Reactions - Investors appear to be more comfortable with the ongoing property market issues, possibly due to a belief that policymakers will prevent a complete collapse that would affect other economic sectors [4][6] - The current market sentiment reflects a shift towards equities, as investors may be reallocating capital away from the struggling property sector [8] Future Outlook - The potential for a government bailout remains uncertain, as there is a concern about creating moral hazards and the sheer scale of financial support needed to effectively stabilize the property sector [6][7] - The experience of Japan's prolonged economic stagnation is cited as a possible parallel for China's property sector challenges, suggesting a drawn-out recovery process [7]