Powell OUT, Warsh IN as Fed Chairman SOON!

[Satofan44]

Companies can hype all they want, but central banks have the final say on the state of the economy. This directly affects the stock market. So if a central bank like the FED decides to cut rates, the market will boom. The inverse happens if rates are raised. Considering that the new FED chairman is hawkish, I'm afraid both crypto and stocks will continue to decline within the short-term. Even precious metals such as Gold and Silver are suffering. I'm not sure about bonds, though.

Every decision the FED makes affects us one way or another. Even if Kevin Warsh wants to satisfy Trump by cutting rates, there will be other board members that will oppose him. Former chairman Jerome Powell is still on the Board of Governors. Since inflation is high, the FED should either leave rates unchanged or raise them a bit. We'll see what happens...

This is due to the fact that this is the accurate assessment of the US and the world at this time. I would rather a honest FED chairman than one pretending that everything is fine when the economic situation is in a terrible situation, and actually doing the opposite of what the economy needs in most cases will cause even more damage leading to a spiral. The world has been in various chaotic issues for over a decade now, the illegal migration scam, the pandemic, various wars and many other things are going on. The situation has yet to stabilize let alone actually become bullish. At the current overview, the situation still does not look bright. When you have retards on the "opposing" sides always arguing in favor of more war, then we find ourselves in this situation. You have many who want Trump to back off of the peace deal and engage in more war, and many that want Zelensky to fight until every single Ukranian is dead or Ukraine is gone for good instead of conceding to what has already been lost.

Too many people have incentives for this kind of thing, the system is backwards. If things were normal, whatever that means these days, for 5 to 10 years we would be back in golden times.

[Wind_FURY]

The market was reminded again who is in charge here.

While everyone was arguing about AI, SpaceX, robotaxi and new hype deals, the Fed calmly came out and said: guys, no one canceled the bets.

The new head of the Fed, Kevin Warsh, made it clear that if inflation does not cool down, the rate may rise by another 50 bps.

And the market was like, OK, we remembered. Nasdaq , S&P 500 decreased their values . The yield on 10-year treasuries has gone to 4.6%.

AI can be a real technological wave. Nvidia can keep making money. Data centers can be built.
So I wouldn't be looking at who says “AI” the loudest right now. I would see who would survive the 4.5%+ rate without fairy tales and presentations.

Bitcoin reacted only with increased volatility.

Companies can hype all they want, but central banks have the final say on the state of the economy. This directly affects the stock market. So if a central bank like the FED decides to cut rates, the market will boom. The inverse happens if rates are raised. Considering that the new FED chairman is hawkish, I'm afraid both crypto and stocks will continue to decline within the short-term. Even precious metals such as Gold and Silver are suffering. I'm not sure about bonds, though.

The U.S. stock market, particularly in the A.I. sector are actually continuing to surge to their new All Time Highs, not "continuing to go down".

Every decision the FED makes affects us one way or another. Even if Kevin Warsh wants to satisfy Trump by cutting rates, there will be other board members that will oppose him. Former chairman Jerome Powell is still on the Board of Governors. Since inflation is high, the FED should either leave rates unchanged or raise them a bit. We'll see what happens...

I believe that because their midterm election is coming, Trump will probably want to lower inflation and sacrifice the A.I. surge to stabilize prices of goods and services.

[SquallLeonhart]

To be fair, if it is rising, then inflation would be battled, but investments will drop, and then the price of bitcoin would also drop, and considering we are suppose to be in bear market, it would be even more. But if it is cut down, and smaller, then investment will go up, and bitcoin price would be in a weird position.

Because rates cut down would mean that people would withdraw their money from there, and look to invest somewhere, but bitcoin is in a bear market and gone down 50%+ so far, which means that it may not be a prime place to put your money in since people expect it to not recover right away. So I am not sure what would happen, and we have to wait and see how the market will react and what will happen with his meeting.

[JeffBrad12]

To be fair, if it is rising, then inflation would be battled, but investments will drop, and then the price of bitcoin would also drop, and considering we are suppose to be in bear market, it would be even more. But if it is cut down, and smaller, then investment will go up, and bitcoin price would be in a weird position.

Because rates cut down would mean that people would withdraw their money from there, and look to invest somewhere, but bitcoin is in a bear market and gone down 50%+ so far, which means that it may not be a prime place to put your money in since people expect it to not recover right away. So I am not sure what would happen, and we have to wait and see how the market will react and what will happen with his meeting.

Seems like there is an impending rate hike and hawkish stance in the future even with Warsh as a Chairman.
This could be a bad news for bitcoin when recovery is still ongoing from the most recent dumps. After all, whether rate hikes or not depend on votes not the Chairman.
Stock market already reacted with the rumour and plunged a little because 9 Fed official already signaled support for it.

[Wind_FURY]

To be fair, if it is rising, then inflation would be battled, but investments will drop, and then the price of bitcoin would also drop, and considering we are suppose to be in bear market, it would be even more. But if it is cut down, and smaller, then investment will go up, and bitcoin price would be in a weird position.

THEN the Four-Year-Cycle would be complete.

 

Because rates cut down would mean that people would withdraw their money from there, and look to invest somewhere, but bitcoin is in a bear market and gone down 50%+ so far, which means that it may not be a prime place to put your money in since people expect it to not recover right away. So I am not sure what would happen, and we have to wait and see how the market will react and what will happen with his meeting.

I'm VERY confident that those people will miss the best opportunity to buy Bitcoin. Plus a majority of those people will be the plebs who will FOMO at prices OVER $100,000, or probably higher than that.

 ¯\_(ツ)_/¯