
Market participants' question: Easter has passed, where is the promised agreement?

Market participants have expressed doubts about the unfulfilled tariff agreement, with no trade agreement announced after Easter. Trump released a list of "non-tariff deception" and criticized opponents of tariffs. The market has priced in some factors of tariff reductions, leading to a situation in which U.S. stocks face "no news is bad news."
Netizens commented after the Asian market opened that the market's expected tariff agreement "has not yet materialized":
The three-day Easter weekend ended with the following activities:
-
No trade agreement has been announced yet
-
Trump released a list of "non-tariff deception"
-
Trump stated that those who criticize tariffs "are not good at business"
-
There are still 79 days left in the suspension period for "reciprocal tariffs"
Where is the trade deal reflected in the market last week?
Currently, the S&P 500 index is nearly 10% higher than its recent low, and the market has already priced in a considerable portion of the tariff reduction factors.
This has led to a situation in the U.S. stock market where "no news is bad news."