MHh
04-18
I do believe that Powell has been too late. He was too late to recognise inflation and now he is also too late to cut rates. Trump is erratic but he is not insane. I don’t think he can fire Powell but he will continue to pressure him to cut rates. I have started to deploy some of my cash to buy the dip but I would also be looking at an opportunity to lock in the profits. I believe the worst is over and the US and China stocks will rise especially if talks are successful but the volatility will still be there which makes it good for swing trading. So for now, I would be trading a portion of my portfolio while keeping a portion for long term investment. @SPOT_ON @Success88 @rL @DiAngel @Wayneqq @Universe宇宙 @Fenger1188 @HelenJanet @Kaixiang come join
If Trump Fires Powell, Will Market Collapse?
Powell rejected all hints at rate cuts on Wednesday. He emphasized that the Fed must ensure tariffs do not spark persistent inflation, stating that "more time is needed" to assess inflation trends. He also dismissed the idea of a Fed Put. On his social media platform Truth Social, Trump lashed out: "Powell is TOO LATE AND WRONG..…Powell’s termination cannot come fast enough!" Powell’s term as a Fed governor is set to last until February 2028. ------------- What Happens If Trump Fires Powell?
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Comments

  • tiger_cc
    04-20
    tiger_cc
    Who can save the stock market now?
    • MHh
      Good question. Trump. But he has his own goals so I guess we have to bear with it as he tries to establish a new global order
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