Recently, I have been following the Federal Reserve's activities. I feel that the hawkish rate cut from Chairman Powell tonight may not have as big an impact on the market as before, unless there are special circumstances regarding the expected rate cut.
On the contrary, the recent remarks from the dove King Hassett have had a significant influence on the market, as seen from his speech last night, which stirred the cryptocurrency circle with just one sentence.
If Hassett really becomes the Fed Chairman, future monetary policy may lean more towards easing/dovish, which could support stocks, risk assets, and the downward trend in bond yields — the market's expectation for "rate cuts - bullish" will become stronger.
Tonight, let's see what surprises this world's most expensive voice has for us, brothers, watch your positions carefully 🤔🤔🤔🤔
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