Vaneck's Head of Investments and Capital Markets, Russel Chesler, commented on April 2 that U.S. President Donald Trump's recent speech did not positively impact market sentiment. According to Jin10, Chesler noted that if Trump's intention was to bolster market confidence, he was unsuccessful. The prevailing concern among investors is the uncertainty surrounding the duration of the ongoing war, which is contributing to market volatility. As the market anticipates a prolonged conflict, asset prices are beginning to retract. In this highly volatile environment, the U.S. dollar is experiencing short-term strength. However, Chesler emphasized that the long-term trend of structural weakening for the dollar remains unchanged. The current market situation is characterized by slowing economic growth coupled with rising inflation expectations, leading towards stagflation.