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The Federal Reserve has turned into the "Dove King"; should the market pop champagne or lie in ambush?
In his latest speech, Powell once again transformed into the "Dove King," suggesting that the door to interest rate cuts is slowly opening. As soon as the news broke, Wall Street reacted as if they had heard Santa Claus was delivering gifts early, with the stock market, bond market, and crypto space all rising simultaneously.
Logically, a rate cut means liquidity returns, money becomes cheaper, and asset prices have more reason to bounce. But don't forget, all of this is predicated o
The Federal Reserve has turned into the "Dove King"; should the market pop champagne or lie in ambush?
In his latest speech, Powell once again transformed into the "Dove King," suggesting that the door to interest rate cuts is slowly opening. As soon as the news broke, Wall Street reacted as if they had heard Santa Claus was delivering gifts early, with the stock market, bond market, and crypto space all rising simultaneously.
Logically, a rate cut means liquidity returns, money becomes cheaper, and asset prices have more reason to bounce. But don't forget, all of this is predicated o
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