Warning of major market changes! It is confirmed that virtual currency, stock market, US dollar and gold may usher in a big plunge

Jackson Hole speech by Fed Chairman Powell: a touchstone of market sentiment

The market has changed suddenly, and an unprecedented storm is quietly brewing! Focusing on financial fields such as virtual currency market, stock market, US dollar and gold, an event regarded as "turning point" by many investors is about to take place tomorrow-a deep correction may become the key to opening a new round of bull market.

The time is locked at 10 pm on August 23, 2024 (Beijing time), and the global financial market will usher in an important speech by Fed Chairman Powell at the Jackson Hole Economic Symposium. This speech will undoubtedly become the focus of the market, and his remarks will directly affect investors' expectations of future economic prospects and monetary policy.

Although the minutes of last night's meeting sent certain positive signals, the market did not fluctuate significantly, which may indicate that investors still have doubts about their judgment of the future. Powell's speech tomorrow is highly expected by the market, hoping that he can point the way for the market. However, from many aspects of analysis, Powell's speech may not be as optimistic as the market expects.

Three reasons why Powell's "dovish" voice is difficult to appear

1. The inflation haze has not dissipated: At present, global inflation pressure is still severe. If Powell sends a dovish signal at this time, it will undoubtedly weaken the Fed's efforts to control inflation, which is unbearable.

2. Market stability first: As the head of the central bank, Powell is well aware of the importance of stabilizing market expectations. In order to avoid drastic fluctuations in the market due to excessive interpretation, he will remain cautious in his speech and avoid releasing too clear dovish information.

3. Consideration of policy consistency: The Fed's policy is highly consistent and stable, and Powell will not easily change the established policy direction. Therefore, without sufficient reason, he is unlikely to suddenly change his position. #新币挖矿DOGS #MtGox钱包动态 #杰克逊霍尔年会 #美联储何时降息？ #新币挖矿TON