The US stock market has collapsed again! Trump and the Federal Reserve are at odds, is a financial tsunami coming?
Just yesterday, Trump suddenly launched an all-out attack, openly criticizing Federal Reserve Chairman Powell, causing the dollar, US stocks, and US bonds to plummet, while gold prices skyrocketed to $3450 per ounce.
Why is Powell's position seemingly more secure when the market is crashing? The reason is simple: if Trump were to dismiss Powell now, the whole world would question whether the US financial system is on the brink of collapse. Chicago Fed's Goolsbee quickly came out a couple of days ago to say: 'If anyone dares to undermine the independence of the Federal Reserve, inflation will definitely spiral out of control, and the economy will immediately stall, resulting in a large number of unemployed people taking to the streets to protest!' On Monday, he added on CNBC: 'If the tariffs imposed by Trump only affect 11% of imported goods, it might still be manageable.'
These intense statements actually hide three layers of meaning: first, a direct confrontation against Trump's political pressure; second, to reassure the trembling market; third, to repeatedly emphasize that the Federal Reserve makes decisions based solely on economic data, unaffected by political interference. However, no one believes Trump's claim that 'tariff negotiations are progressing smoothly'; everyone is afraid that he might impulsively dismiss Powell.
Now Wall Street has collectively entered 'survival mode': they were very optimistic before, but now they are frantically selling off; investors are starting to reassess the value of US assets, and this time they not only have to calculate the economic figures but also consider political interference and institutional risks into asset prices; the worst-case scenario would be if Powell is actually fired, which would definitely trigger an epic financial tsunami, and global capital might flee from dollar assets like a tide. Let me also share a highly potential cryptocurrency called Golden Dog Conan (last digits BQt). This Conan is quite extraordinary; even Trump personally awarded it a heroic merit, praising it as the strongest dog on the planet. It has a very powerful community that is continuously building, with a high degree of consensus, and it could very well be the next potential stock in the crypto space! 进来聊聊天 币安王牌KOL交流群,点击加入! #特朗普施压鲍威尔 $BTC $ETH