TRADER CONFESSIONS
#10: Trading When Trump and Powell Are in a Situationship
You think trading Bitcoin is hard?
Try trading the U.S. dollar when Donald Trump and Jerome Powell are fighting for custody of the economy.
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🧠 A quick lesson for those who slept through economics class:
• The Federal Reserve (Fed) is supposed to be independent.
• Meaning: no President, no Congress, no angry tweets should influence it.
• Its job is to control inflation and keep the financial system stable.
Key word: supposed to.
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🏛️ Now enter Trump:
• Trump, when President, regularly bashed Powell on Twitter.
• He called Powell “clueless” and “an enemy of the people.”
• At one point, Trump openly suggested he could fire Powell. (Spoiler: legally very complicated.)
Meanwhile, Powell just kept raising rates because… you know, inflation doesn’t care about approval ratings.
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📈 How it affects traders like us:
• Trump tweets → Markets panic.
• Powell speaks → Markets panic harder.
• Meanwhile, Bitcoin pretends to be a safe haven… until it isn’t.
If you ever wondered why the market looks like a heart monitor during 2018–2020 — blame that situationship.
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“Fed independence” means no President should tell them what to do.
“Market independence” means no trader should expect to understand it.”
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🔥 Useful tip:
• Watch Fed signals, not political noise.
• Presidents may shout.
• But Powell watches data. (At least most of the time.)
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💬 Which one do you trust more with your portfolio:
• A central banker with spreadsheets?
• Or a President with Twitter fingers?
Drop your vote below. Let’s cry responsibly.