✔️ Jerome Powell accused of perjury — the case concerns expenses for the renovation of the Federal Reserve building.
The reason for the news is sensational, but that's not the point ❌
Now the market will enter a phase of managed turbulence. Justifications, statements, media speculations, and even market "injections" — all of this will become fuel for playing both sides 🎙
➡️ It seems that some nice helicopters will start soon — and in both directions. Any accusations against the head of the Federal Reserve are primarily a pretext. A pretext to provide the market with the necessary volatility and shed the excess liquidity, which has long been calling for redistribution. But if we look at the long term, the undoubtedly positive outcome clearly prevails here ✅
Do not overestimate the news. This is not a reason — it's a tool. The question is who and how it is used.
