【Update】Is the situation getting worse? The trade war is back! There could be huge volatility when the market opens next week...

1. Trump is once again flexing his muscles, planning to impose a 10% tariff on eight European countries opposing the Greenland acquisition. If unresolved in five months, an additional 25% will be added! Will Europe's counterattack be far behind?

2. European officials hint that the trade agreement with the US may be nullified. After Europe resumes work on Monday, they are likely to start retaliating, especially hardliners like Macron. However, the US stock market will be closed on Monday, so the big swings will begin on Tuesday, and the probability of negative impacts cannot be ignored.

3. In my opinion, Putin and Trump are really on the same level—one wants to seize Kyiv, the other wants to annex Greenland, both with wolfish ambitions. Trump will definitely do it because this is his last term, and he wants to make some historic moves.

4. So this year is likely to be tumultuous. The Federal Reserve will stop cutting interest rates at the end of January, and other countries have already ceased rate cuts. Japan is even raising rates continuously. The situation is changing, but global assets are still at historic highs, with increasing pressure for a correction. Don’t be fooled by the current prosperity—an avalanche can happen in an instant...