#美联储FOMC会议
Watch Powell's press conference live, this guy really... is just playing Tai Chi the whole time! 😅 He keeps saying 'inflation is uncertain', 'tariffs have risks', 'we need to look at the data', like a broken record. When pressed, he just throws out 'let's talk again in June'.
The main points are two:
1. Interest rate cuts? There might be a chance before July, but don't expect anything in June──previous predictions of two cuts in March can just go back to sleep;
2. The dollar has secretly appreciated again, gold is crashing, but surprisingly, the US stock market and the crypto market haven't collapsed? It seems big funds are also confused and waiting.
The biggest headache right now is May:
A bunch of US treasuries and corporate bonds are maturing, and the Federal Reserve isn't providing liquidity, so cash in the market might get drained;
Don't be fooled by the current strength of the US stock market; it could be that the big players are tricking retail investors into taking over, and by the end of the month, when they find there's not enough money, they won't even be able to escape...
Personal trading advice:
Just hang in there, don't randomly pick bottoms, especially avoid high leverage;
If the dollar is strong, let it be strong, keep some cash on hand, and wait until the Federal Reserve reveals their plans in June.
In short, Powell's performance this time, 'hearing you speak is like hearing you speak', has completely left the market confused 🚬