#TrumpVsPowell These threats of dismissal from the head of the Federal Reserve obviously destabilize the markets. But what they generate as a secondary effect in the markets (at least to the intelligent part of the system) is a distrust in the stability of the businesses tied to Trump's decisions. It has nothing to do with whether they are in favor of Jerome Powell or not, they are simply "businesses". In the long run, even Trump’s closest allies and beneficiaries will not be able to follow his weekly moods.