June will be the starting point of the bull run.

The impact of Trump's comprehensive tariffs, the national protection plate after the tariffs landed, with the 7% of A shares in a single day and the subsequent five consecutive yangs, the first roller coaster of the ugly trend chart that was hand-drawn before, has been cashed out, and the next time node that needs to be verified is the economic stimulus in June.
The logic at this point in time is clear, and that is Trump's lifeline - US Treasury bonds.
This year is a significant debt repayment year for the U.S. government, with $9.2 trillion in national debt needing refinancing, including $6.5 billion maturing in June. Trump and his makeshift team need to accomplish two contradictory tasks in less than 90 days.
1. Convince Wall Street to believe in this administration and continue to buy Treasury bonds to make up for federal holes
2. Try to lower the issuance interest rate of new national bonds as much as possible, reducing federal interest expenditures.
Coincidentally, the main players at the table have all placed the timing of this game-changing bet in June of this year.
In the opposition of major countries, the Office of the United States Trade Representative announced on April 5 that the previous reciprocal tariffs will be given a 90-day exemption period for negotiations, and the deadline is just to cover the June Treasury month......
Therefore, many friends' concerns about "the gun hitting the bird that pokes its head out" actually do not exist. We can dislike Chiang Kai-shek, but General Chiang's principle of "to defend against external threats, one must first stabilize internal affairs" aligns with the core values of the bourgeoisie. At this stage, the biggest enemy of the Chuanma sect is within the United States.
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I previously discussed with everyone that global capital can be roughly divided into industrial capital and financial capital.
Trump came to power with the support of industrial capital, so many of his policies, such as the return of manufacturing to the United States, can receive support from industrial capital, and even a small group of capitalists are willing to work at a loss for the sake of passion.
However, financial capital represented by Soros is Trump's arch-enemy. Not to mention getting them to support him, they wouldn't miss this opportunity to stab Trump in the back, making the Republican government bleed heavily on national debt interest; they don't deserve to be called international financial sharks.
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In the upcoming June, both sides will face off in the first arm-wrestling match since Trump took office.
As long as Trump can suppress financial capital to lower the yield on U.S. Treasuries by 100 basis points, the federal government can save $100 billion in interest every year, allowing for more borrowing. Trump's industrial groups will also spend at least hundreds of billions less in capital expenditures, which can promote the return of the manufacturing industry.
If financial capital can win against Trump and keep U.S. debt interest rates high, then no matter whether Doge cuts departments and layoffs, imposes tariffs around the world, or sells immigration gold cards, all the hard-earned money earned by Trump offending a circle of people will be easily looted away by financial capital.
So for Trump, this financial war is far more important than the tariff war, the trade war, and his internal layoff reforms.
As long as the first battle is won, the weakness of Trump's enemies may erupt and lead to a stampede, giving the Trump administration a chance to achieve the same accomplishments as Eastern powers, allowing national debt interest rates to enter a one-sided downward cycle. Financial institutions, in order to avoid further declines in interest rates, can only bid for government bonds, and competitive bidding will drive the interest rates of government bonds to continue to drop.....
Therefore, before the battle in June, Trump, who once said that a drop of over a thousand points should result in the execution of the president by cannon, must not care about the capital markets. He might even be willing to use tariffs and trade conflicts to strike at the U.S. stock market. Since the U.S. stock market and U.S. Treasury bonds are negatively correlated, a decline in the stock market can also bring down the yields of Treasury bonds, allowing this Captain America to win his own civil war.
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So what affects Trump and his team is not the ECG-like US stock market, but the yield of US Treasuries and the scene of capital bidding.
Last week, under the counterattack of mysterious forces, the sudden rise in US bond yields and the lukewarm response to the treasury auction were the situations that Trump feared the most, forcing the former president to withdraw a series of tariffs on electronic products, making him a paper tiger under the attention of global media.
Some say it was us who took action, but that's really not the case. We don't need to sell US Treasury bonds; we just need to make the US capital market doubt that we, who hold the most chips, might choose to join forces with financial capital, and that would be enough.
Next, several countries that hold a large amount of U.S. debt, such as us and Japan, will not easily compromise with Trump, after all, Trump has his own critical points and deadlines, while we do not. #BTC# #PI# #ETH# #Gate.io 12周年# #近期热币#