Why is Trump way more lenient with Walsh than with Powell?
Walsh isn't stepping in to cut rates,
but rather to team up with Bessent to reshape dollar credibility and drive the dollar back home.
Bessent's the strategist, and Walsh is executing the play.
Oil prices have dipped, gold's been suppressed,
yet the dollar has bounced back above 100, and these shifts have all taken place in just the last month.
This game, packaged as a geopolitical conflict, is really more like an energy war, a financial war, and a dollar defense war.
In the coming years, the biggest theme in the market might not be rate cuts, but rather the global scramble for dollars and liquidity.
The biggest harvest might just be getting started.
Walsh isn't stepping in to cut rates,
but rather to team up with Bessent to reshape dollar credibility and drive the dollar back home.
Bessent's the strategist, and Walsh is executing the play.
Oil prices have dipped, gold's been suppressed,
yet the dollar has bounced back above 100, and these shifts have all taken place in just the last month.
This game, packaged as a geopolitical conflict, is really more like an energy war, a financial war, and a dollar defense war.
In the coming years, the biggest theme in the market might not be rate cuts, but rather the global scramble for dollars and liquidity.
The biggest harvest might just be getting started.