Who will become the Chairman of the Federal Reserve? An open "drama" is about to come to an end.

Friends, regarding the candidate for the next Chairman of the Federal Reserve, this ongoing "public campaign" that has lasted for months seems to be nearing its final answer.

Currently, all signs point to one person: Trump's long-time advisor and current White House economic chief—Kevin Hassett. Why him? Two key points: first, his "loyalty" to Trump is solid, and second, he has a certain "credibility" in the market. Last week, when the market spread the word that he was the top candidate, long-term interest rates fell in response, which was seen as the market voting with its feet, welcoming a chairman who might be more willing to "loosen" monetary policy.

What does this mean for us?

If Hassett ultimately takes office, it may not be as simple as just changing personnel; it could also mean a shift in the policy tone of the Federal Reserve in the coming years. A chairman who is generally considered more willing to cooperate with the White House and promote low interest rates will undoubtedly change the market's expectations for long-term liquidity. Of course, it is still too early to say these things; there are still processes for nomination and confirmation.

Here are some practical suggestions for everyone:

1. Watch the drama, but don't get too absorbed: Personnel changes can be dramatic, but what ultimately drives the market are the real inflation and employment data.

2. Focus on "tendencies" rather than "names": The key is not who takes office, but what kind of policy direction they might bring.

3. Fasten your seatbelt: Before and after such significant uncertainties are resolved, market sentiment can easily amplify, and volatility is inevitable; position management is more important than ever.

In short, this could be a significant event that affects the market environment in the coming years. Let's stay attentive, but keep a calm mindset, and wait for the dust to settle before making any conclusions.

(Source: Compiled from reports by authoritative media such as The Wall Street Journal, for reference only) #美联储何时降息？ $BTC $ETH