Harj
05-20

Powell was appointed by Trump during his first term as President. The entire world knows the greed of Trump and how he was pressuring Powell to reduce the interest rates to promote investment. However, Powell resisted this as an independent decision maker to reduce inflation economy despite open threats of his removal by Trump. The new appointee Marsh may not be able to dictates of Trump as he has only a casting vote to lower or increase interest rates. If the interest rates go down then AI and Cripto shares will bounce but if investors lose confidence in independence of Federal Reserve it could be counter productive. Gulf war is impacting the world as such the market will see-saw on daily basis.

A Dove Breaks Fed Hawk Chorus — Can S&P's Best Day in a Month Survive Tonight's Jobs Report?
Waller broke weeks of hawkish pressure: he backs holding rates while progress toward 2% continues. Hike odds this month fell 70% to 50%, the 10-year 4.81% to 4.74%. S&P +1.06%, Dow +614 points, best day in a month: Microsoft +2.68%, Meta +3.01%. Ease the pressure and the priciest assets bounce first. But this dove is on loan: the range is still 3.50–3.75%, three members backed a hike in July, and September 16 is live. Tonight's payrolls decide: consensus +56,000 after July's −23,000, and hourly earnings at +3.0% is what matters. Call peak rates before the data, or trust only the hold?
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