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Odaily Planet Daily News: According to a research report by CITIC Securities, on July 14th local time, US President Trump said that his interview speech shook the market, and US Treasury Secretary Besson's interview calmed the market. We believe that Trump's "white face" disturbance of the market and Benson's "red face" stabilization of the market are the "signature tricks" of "TACO trading" in the news driven market led by Trump. On issues such as Section 899, US Japan tariff negotiations, and the dismissal of Powell, Trump's remarks have had a negative impact on the market. Since then, Beckett has made positive statements and actions for the market: he called on the US Congress to remove Section 899 from the OBBBA, remain optimistic about reaching a US Japan tariff agreement before August 1, and persuade Trump not to dismiss Powell. Bessent played the role of the Trump administration's market mouthpiece, and when faced with the sudden "bad news" of the "white faced" Trump, it is necessary to pay attention to Bessent's views on the relevant events, whether it is his speech or the triggering moment of the "TACO deal". Important employment indicators in the United States include new non farm employment, unemployment rate, unemployment claims, and job vacancies. From the multidimensional data of employment in the United States, the current job market still has resilience. Although the number of people applying for unemployment benefits in the United States has increased and the one month private sector employment diffusion index in the United States is in a contraction range, key indicators such as the number of new non farm jobs and unemployment rate show the resilience of US employment, and more data is stabilizing to support the Federal Reserve's decision to lower interest rates after observation. The Federal Reserve does not need to rush to cut interest rates, as the probability of a rate cut in July is low. (Golden Ten)