Top Wall Street Strategist: Trump's Tariff Suspension Policy Cannot Eliminate Uncertainty, US Stocks Continuously Under Pressure, Difficult to Achieve Long term Rebound

According to BlockBeats, on April 11th, although the three major indexes rose against the trend in the bleak April market on Wednesday, the Dow Jones Industrial Average (DJIA) closed down 2.5% on Thursday, the S&P 500 index (SPX) fell 3.5%, and the tech dominated Nasdaq Composite Index (COMP) plummeted 4.3%, leading to a sharp decline in market sentiment. David Kelly, Chief Global Strategist at JPMorgan Asset Management, said in a telephone interview, "The shadow of tariffs has not dissipated, and coupled with multiple pressures such as government spending cuts and labor shortages caused by tightening immigration policies, the market has realized that the economy is suffering a comprehensive impact Kelly pointed out that if current policies continue, the US economy may fall into recession within this year. He believes that stabilizing the US stock market requires at least "stable tariff policies" and improved international trade relations. (Golden Ten)