The sky is falling, the market is crashing, the blockchain is killing! Is Powell trying to destroy the bull market? Let me tell you, all of this is just a smokescreen, the best golden opportunity for picking people up on the way back!

After a speech by Federal Reserve Chairman Powell last night, the market experienced a major crash! But the announcement of a 25 basis point rate cut, which is clearly good news, why is the market in despair? The reason is that the median of the dot plot has risen to 3.9%. The dot plot represents the predictions of Federal Reserve officials, each making their own judgment. This means that if this expectation holds for next year, only two more rate cuts are needed to reach that point. What does that mean? It means that the rate cut trend will not continue, the expectation of significant monetary easing will also be gone, and there will be no money next year. The market has suddenly turned pessimistic.

So why do we say all of this is just a smokescreen?

In fact, during the last bull-bear cycle, the Federal Reserve liked to do this! And the logic has been mentioned in previous writings. These guys will quickly cut rates to a suitable level. Because, you see, the market knows that the Americans are going to loosen up, and institutions catch wind of it and rush in, voraciously consuming this ever-expanding cake. Considering their own interests, they definitely can't let you earn so comfortably. Suddenly, an unexpected dot plot comes out, affecting market expectations. It's to prevent you from enjoying this too much. And about this dot plot, it's just a prediction; how accurate is it? It's all from their internal personnel, and they can casually modify the data released to stir up the market, wanting to keep this initiative firmly in their hands. Everyone must not be deceived by such news; it's just to shake people off the car, don't worry!

In January next year, Trump will come to power. Trump's policies will reduce taxes domestically, lower inflation, support cryptocurrencies, and maintain strong dollar hegemony, making America great again. Trump will definitely take bold actions, interest rates will definitely go down, and significant monetary easing will arrive as scheduled. This is the keen political instinct of a seven-year veteran. Moreover, it's more likely that Powell is deliberately doing this to secretly assist Trump's rise. Just like “Biden” assisted Trump back then, a token of loyalty.

So do you know why Powell is doing this?