Trump's statement this time is very clear: When the economy and the market are doing well, the Federal Reserve shouldn't rush to raise interest rates; let the market run first.
GDP over 4%, the stock market at a new high; this used to be a rhythm for popping champagne.
What about now? When the market rises, it first shakes three times, not out of fear of the economy itself, but out of fear that the Federal Reserve will suddenly throw cold water on it.
The logic is twisted to the extreme: good news ≠ inflation exploding, market rise ≠ immediate loss of control.
What truly suffocates the market has always been the policy expectations that hit the brakes early.
Trump's desired attitude is very clear: let businesses make money first, let assets recover, and only raise interest rates if there is real inflation.
In the past few years, what the Federal Reserve has done is: before anything happens, eliminate the possibilities.
What has been the result? The market hasn't taken off, and the burden on ordinary people has collapsed first.
So this time in selecting the Federal Reserve chairman, the key is not who has the impressive resume,
but who dares not to rush to hit the brakes.
What the market lacks is not good data, but a simple and clear statement:
The market has risen, just let it be, let it run on its own.
