The market gathers around the new tariff plan, and investment banks believe that more aggressive tariff expectations should not be ignored, and the final result is prone to negative results. The path of least resistance for the US index and the US and Japan remains downward, but a breakthrough here is expected to resume a rebound.
The weakness of the US economy has added another evidence. The Indian election has disrupted the Asian market, and safe-haven buying has flooded into the yen. Under the narrowing of the US-Japan interest rate spread, what is the path of least resistance?