Institutions: The Buying Momentum on Dips May Continue Until the End of Tariff Suspension
According to a report by Jinse Finance, Chris Zaccarelli, Chief Investment Officer of Northlight Asset Management, stated that the market breathed a sigh of relief today as employment data exceeded expectations. Although concerns about a recession are still brewing, the momentum of buying on dips may continue, at least until the tariff suspension ends. We have already seen how financial markets react if the Trump administration continues with its initial tariff plans, so unless they adopt a different strategy when the 90-day suspension period expires in July, we will see market trends similar to the first week of April. If the Trump administration adjusts its tariff policy, changes the ultimate goals, and exempts unreasonable tariff levels, the real economy can readjust, and the market will be unhurried. However, we are not out of the woods yet.
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