Not only is the crypto market trading on "Trump" expectations, but so are U.S. stocks!
Because of the Trump incident, the U.S. stock market pre-market futures index rose sharply, and the opening price also maintained a good increase, especially Trump's media technology company, which soared 67% before the market opened. The U.S. stock market is in a good mood, so we will patiently wait for the crypto market to follow suit.
Of course, many people are optimistic that Trump will have better control over the economy after taking office, and will be more friendly to the crypto market. Even Wall Street traders believe that more information on rate cuts can be obtained in the speeches of Federal Reserve officials this week.
But it seems that no one has noticed that in Trump's future strategy, raising tariffs and increasing spending will bring great pressure on inflation. If it is confirmed that Trump will win the election and take office, will Powell start cutting interest rates in advance in order to welcome the various policies after the new boss? At that time, with the increase in the rate cut, the inflation rebound brought about by the increase in the rate cut, coupled with Trump's strategy, is this the problem Powell wants to see?
In last week's meeting, we saw that Powell was a bit "tough" this time, mentioning the independence of the Federal Reserve. At the same time, Powell's term of office will last until 2026. If the interest rate cut exposure is released too early, Powell will probably be overwhelmed in the next two years, and there is even the possibility of triggering a crisis and resigning. Now he is a bit like Zhu Bajie looking in the mirror.
