🚀🚀🚀 Powell's speech releases signals of "dovish but hawkish"
The short-term market has breathed a sigh of relief, with a slight rise in US stocks and a strong dollar, but long-term risks are accumulating.
Three major hidden dangers have surfaced — trade wars dragging down the economy, high inflation persisting, and a looming crisis in US Treasury bonds.
The suggestion is to fight while retreating, follow the trend in the short term but fasten your seatbelt, and pay close attention to inflation data and trade war developments in the second half of the year.
When the Federal Reserve says there's no hurry, it often means longer pain.