Recently, I have been questioning life due to the decline of the US stock market. $Tesla (TSLA.US)$ Plummeting like a "special tear." $NVIDIA (NVDA.US)$ From a nuclear bomb to a dud, even the S&P 500 has broken key Resistance levels, and faith in the US stock market is about to collapse. Perhaps it really can't be viewed with a 24-year perspective regarding the 25-year market; dawn is breaking in the East, and the trend of the East rising and the West falling is becoming increasingly evident.
$Nasdaq Composite Index (.IXIC.US)$ In two weeks, it fell by 10%, Tesla was directly halved, the VIX fear index soared to 25+, plunging into extreme panic. I summarized that there are three major "scapegoats" behind the crash:
1. Trump's tariff hammer: Trump suddenly imposed a 25% tariff on Canada and Mexico, and also slashed our products by 10%.
2. The Federal Reserve's "player" operations: It was promised that interest rates would be cut three times in 2025, but the dot plot suddenly changed, resulting in only a 75 basis point cut for the entire year.
3. The "stampede scene" of Algo Funds: After the S&P fell below 5897 points, CTA Algo Funds went on a selling spree, dumping 20 billion dollars in just one day.
4. Valuation pressure on US Technology Stocks:In 2024, driven by AI, technology stocks soared for a moment, and in 2025, domestic AI emerged, challenging the valuation logic of US technology stocks.
(Here should be the voice of retail investors: I originally intended to turn my heart to US stocks, but alas, US stocks have tortured me a thousand times…)
In this month, the transaction fees paid are nearly half a month's salary; the market has dropped so much that even my mother wouldn't recognize it, but as the saying goes: "A crash is the elevator for wealth redistribution." Here...