$TRUMP Trump's attack on the Fed sparks panic in the markets, and Wall Street indices collapse. Trump fires Powell, and the market is drowning in blood. In an unprecedented attack, US President Donald Trump described Federal Reserve Chairman Jerome Powell as "Mr. Too Late, Too Big to Lose," demanding an immediate interest rate cut. The result was shocking: a sharp collapse in US markets, triggering a mass sell-off that wiped out billions in market value in minutes.
Red tornado sweeps Wall Street $TRUMP
The S&P 500 index fell 3% in one day.
- Nasdaq also loses 3% under pressure from technology.
Dow Jones drops more than 1,200 points (its biggest loss in months).
Tesla takes a big hit: 7% loss.
- Nvidia (chip giant) collapses 5.8%.
Amazon loses 3.8% of its value.
Why this collapse? Shock analysis
1. A dangerous war of words: Trump's attacks have raised investor concerns about the Fed's politicization and threats to its independence.
2. Inflation fears: Despite Trump's call for a rate cut, the market believes the Fed may have to raise rates again.
3. Risk aversion: Investors sell their assets for fear of the impact of politics on the economy.
- If Trump continues his attacks: The market may lose confidence in the Fed's policy, increasing volatility.
Powell's intervention: Any surprise statement from him could calm the market or fan the flames.
#PowellSpeech #TrumpVsPowell #WallStreetNews #SaylorBTCPurchase $TRUMP
