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Trump's Call for Support! Will U.S. Stocks Continue to Hit New Highs or Is a Pullback Imminent?

On August 4, Eastern Time, the three major U.S. stock Indexes all rose. After the market closed, Trump posted on social media to celebrate t Show More
On August 4, Eastern Time, the three major U.S. stock Indexes all rose. After the market closed, Trump posted on social media to celebrate the significant gains in the U.S. stock market and stated: 'The stock market performed well today, and there will be many more such days.' On August 5, Trump was interviewed by CNBC's 'Squawk Box' (Financial Forum) program, where he discussed a series of issues including the selection of the Federal Reserve Chair, tariffs, and immigration. During the interview, Trump once again criticized Powell for being too late in cutting interest rates and indicated that he may soon announce a new Fed Chair. Regarding tariff policies, Trump unexpectedly announced that the tariff rate on pharmaceuticals would be significantly increased (up to 250%) and stated that tariffs on pharmaceuticals and chips would be announced within the next week. Looking ahead, the U.S. stock market will continue to be influenced by the effects of tariffs and expectations of Federal Reserve interest rate cuts. What is your view on the recent U.S. stock market, and what strategy do you have?
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