$NASDAQ Composite Index(.IXIC.US)

Forwarding a short article, I partially agree with this viewpoint:

Powell's speech last night was completely correct from the perspective of the Federal Reserve's responsibilities,

but it will upset Trump, so there is a potential black swan in this game,

Trump undermining Powell. Powell's term will end in May 2026,

On Monday, Bessent said he and President Trump "have been considering" candidates for the next Federal Reserve Chair, aiming to set up a "shadow chair" in advance.

Think about it, when the current chair expresses opinions, this incoming shadow chair also publicly comments, how stimulating would that be for the market.

Recently, there has been a piece of news that probably everyone has overlooked, Trump has urgently requested the U.S. Supreme Court to authorize the president to dismiss senior officials of two independent federal agencies.

This news is Trump's test of whether he has the authority to dismiss Powell; if successful, removing Powell is not impossible.

In that case, equivalent tariffs would gain a "nuclear weapon" bargaining chip—Dollar Swap Lines.

For Europe and Japan, which do not accept equivalent tariffs, the Dollar Swap Lines can be easily manipulated.

Trump's emergence is indeed a major change not seen in a century. Please do not immediately invest money needed for living expenses. Try to ensure a stable cash flow, deploy necessary passive investments, especially for office workers! What kind of volatility we will encounter this time is still unknown.