The Fed's drama is getting more exciting!
The hawkish Bowman and the dovish Waller, two rivals, have suddenly joined forces to support a rate cut in July, clearly trying to confuse the market.
In my opinion, there are three possible reasons behind this:
First, these two are scheming for the position of the next Fed chair. Bowman, the hardline hawk, suddenly changes his tune, and Waller, the nice guy, is following the trend, most likely trying to gain presence in front of the 'wise king'. After all, Trump has long been dissatisfied with Powell, and now they are coming out to perform a duet, which might be an attempt to seize the chair!
The second possibility is more sinister — the 'wise king' directly recruited these two as vanguards. Don’t forget that the mortgage for Trump Tower was taken over by the crypto market, and there's much more to it! If the Fed is really infiltrated like a sieve, Bowman and Waller would be the front-line pawns, forcing Powell, the main character, to bow down and give way.
The third and most exciting possibility is that Powell, the old fox, has admitted defeat! Don’t be fooled by his previous toughness regarding Iran; when faced with someone like the 'wise king' who doesn’t play by the rules, he has to back down. Now sending two lackeys to signal a rate cut is obviously a way for him to find a way out. I think it’s not impossible for a rate cut in July; after all, Trump dares to play with presidential immunity, so what’s the big deal about collapsing the Fed?
The most crucial part is that Sister Bei just cut her position by half, and at this critical moment, the news of a rate cut is flying everywhere, clearly aimed at harvesting retail investors! The mortgage of that building can land safely, isn’t it just those people in the crypto circle filling the hole with real money? This game is being played, and the financial market is almost becoming his backyard!
If you want to make money, don’t be a lone warrior! Follow me, and comment to share your views, let’s seize the lucrative opportunities of a bull market together.
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