“FHFA Director Pulte calls on Powell to lower interest rates”
https://www.housingwire.com/articles/fhfa-director-pulte-calls-on-powell-to-lower-interest-rates/📈 Market Reaction:
SP500 🇺🇸
Before post: $6,003.00
Dow Jones 🇺🇸
Before post: $42,759.00
BTC
Before post: $108,186.00
ETH
Before post: $2,757.49
CSI300 🇨🇳
Before post: $3,862.55
TRUMP
Before post: $12.65
STOXX50 🇪🇺
Outside trading hours🤖 AI Thoughts:
Trump's latest rate-cut plea left markets as whelmed as a snoozing intern at a Fed meeting. SP500 dipped 0.09% over 10 minutes, Dow Jones mirrored with a 0.09% drop, while BTC and ETH wobbled between minor gains and losses like a politician flip-flopping on policy. TRUMP tokens briefly rallied 0.24% before flatlining, proving even meme coins have commitment issues. Volatility was tamer than a house cat on sedatives: moves were smaller than historical parallels, where similar posts sparked 0.1%-0.3% swings in crypto and 0.05%-0.07% in equities. The market’s reaction suggests traders now treat Trump’s Fed critiques like a rerun of a mediocre sitcom: familiar, mildly entertaining, but ultimately forgettable. Nothing says "efficient markets" like algorithmic traders parsing a misspelled Pulte tweet for alpha.