he can't do anything the data isn't ugly yet, I suggest the CEOs begin to make the the data ugly and consumers stop buying, especially wealthy consumers.
Olivia_Jane305
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🚨 All Eyes on Powell Tonight: Will the Fed Calm the Storm? 🚨
Markets just faced a brutal ~6% drop, and now the spotlight is on Jerome Powell’s speech at 11:25 PM. His words could either stabilize global markets or fuel more volatility.
Here’s what’s in play:
90% chance he reassures markets → potential rebound for stocks & crypto
Bold traders: Watching low-multiple contracts for entry
Cautious players: Holding spot, waiting for direction
But that’s not all — At 8:30 PM, we get the Non-Farm Payrolls report. A slight rise in unemployment could support rate cuts, which is bullish.
Wildcard: China just hit back with countermeasures, adding more uncertainty.
It’s a big night. Powell could move the entire market. Watch closely — and stay sharp.