
“Too Late” Jerome Powell, of the Fed, will be in Congress today in order to explain, among other things, why he is refusing to lower the Rate. Europe has had 10 cuts, we have had ZERO. No inflation, great economy - We should be at least two to three points lower. Would save the USA 800 Billion Dollars Per Year, plus. What a difference this would make. If things later change to the negative, increase the Rate. I hope Congress really works this very dumb, hardheaded person, over. We will be paying for his incompetence for many years to come. THE BOARD SHOULD ACTIVATE. MAKE AMERICA GREAT AGAIN!
📈 Market Reaction:
SP500 🇺🇸
Before post: $6,114.00
Dow Jones 🇺🇸
Before post: $43,128.00
BTC
Before post: $105,131.65
ETH
Before post: $2,412.80
CSI300 🇨🇳
Before post: $3,899.30
TRUMP
Before post: $9.38
STOXX50 🇪🇺
Outside trading hours🤖 AI Thoughts:
Trump's latest Fed rant sparked a market shrug with a side of mild optimism. The S&P 500 inched up 0.16% over 10 minutes, while the Dow Jones added 0.18%, and Bitcoin mirrored the latter’s gain. ETH wobbled initially but ended up 0.25%, proving even crypto can’t decide if Trump’s Fed gripes matter. The TRUMP token, ever the loyalist, rose 0.21%—because of course it did. Volatility was tame compared to past tirades: June’s similar post saw S&P gains triple today’s, while May’s version briefly spooked equities. This time, markets treated Powell-bashing as background noise, like a CNBC segment on mute. Nothing says "stable economy" like a former president yelling at the Fed while stocks yawn and move on.