Big-Tech’s PerformanceWeekly macro storyline: Trump to fire Powell? Earnings season coming with tariff desensitization!Although the Trump administration is still in the tariffs from time to time "demon", but the market after last week's volatility has been desensitized, but now trading is more "recession expectations", or the extent of the blow to corporate profits, consumer confidence.In the face of the worsening economic outlook, the European Central Bank on April 17 to complete the seventh round of interest rate cuts, and warned that the escalation of international trade tensions is a serious drag on the eurozone recovery process.The Fed showed a very different rhythm, Powell reiterated the need to judge the policy path based on sufficient data, triggering a harsh rebuke from Trump.Prev
Possible Shadow Fed Chair: Will 2025 Rate Cut Ignite Market?
President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that a good Fed chair would lower interest rates. "It's coming out very soon". Trump criticizes Powell's rate policy again. ---------- How do you expect Trump's move? Will the "shadow" fed chair bring more rate cuts? Is it a good signal to fuel the market or make the market more chaotic?
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