Garrett Jin: Resonance between credit, Federal Reserve policies, and geopolitical situation is key to market shift

Garrett Jin pointed out in "Weekly Market Signal Strategy" that the geopolitical situation is deadlocked with the trend of the US dollar, and the long-term yield of US bonds remains in the range of 5.07% -5.18%, reaching a new high in 19 years. The S&P 500 index briefly hit a new high and then quickly fell back. He believes that the credit environment, Federal Reserve policies, and geopolitical situation need at least two resonances before the market can truly turn. In addition, AI's capital expenditure is shifting from the United States to Asia. ByteDance plans to raise its capital expenditure to a maximum of $70 billion. Tencent and Ali are also increasing their investment.