1. The sharp drop in US stock index futures is a reasonable market fluctuation. 20201October 2 10, the then president of the United States tweeted that? Melania COVID-19 and I tested positive? Once published, it caused an uproar in the world and even caused panic in the American stock futures market.
On the same day, the US stock market opened sharply in early trading. At first, it rebounded slightly, but it didn't take long to plummet and finally closed with a decline of 2.22%.
Why did Trump's diagnosis of COVID-19 cause market panic?
It may be difficult for netizens who don't understand finance to understand this, but those who know a little about the economic market should understand that the operation of the financial market is largely based on the expectation of the future economic situation. The President's diagnosis of COVID-19 means that the political situation in the United States may be quite turbulent in the future, and the political situation will undoubtedly affect the economy. Therefore, many people predict that the American economy will be more difficult in the future, so American stock futures will be based on this. Panic collapse? Responded to this matter.
Second, the plunge in US stock index futures may not last long. Although the president's diagnosis has had a great impact on the American financial market, this impact may not last long. That is to say, this wave of plunge in American stock index futures should soon stop the decline, and it is unlikely to be as serious as it was at the beginning of the epidemic? Fuse mechanism? .
I am so sure because, as we all know, the United States has a very powerful? Rescue tools? Is it crazy to open the floodgates and release water under the support of dollar hegemony? The Federal Reserve's printing press? As long as the Federal Reserve prints money to support the US financial market, it is still very likely that the US stock market will plummet again and trigger a fuse.
So in a word, although Trump's diagnosis of COVID-19 did cause panic in the US financial market, the high probability of this plunge will not last long.