TSLA
Tesla
-- 421.060 PLTR
Palantir
-- 80.550 NVDA
NVIDIA
-- 134.700 AMD
Advanced Micro Devices
-- 119.210 OXY
Occidental Petroleum
-- 47.130 
Isn't it a buying market for a while? I think the festival m...
Isn't it a buying market for a while? I think the festive mood will continue this week.
However, there will be the FOMC announcement and Powell's press conference right after the presidential election this week (Friday) at midnight.
After the Bank of Japan meeting at the end of last month, there was a press conference by Governor Kuroda.
Even so, the Nikkei went down.
If unexpected events occur in policy interest rate announcements and key person's statements, it will lead to "abon 😩".
Due to the extreme weakness of last week's (Friday) NFP employment statistics, a decrease of 0.25% rather than keeping it unchanged is strongly expected, but I am worried about the Powell press conference...
Powell and Trump have a bad relationship (different ways of thinking).
Powell - If there is sustained high inflation, the US economy will be strong, and interest rates will be raised to reduce overheating.
Trump - The current weakness in the US economy is caused by excessive strength of the dollar. Raise interest rates immediately!!!
Difference in thinking like this
The President and the American Senate are controlled by the Republican Party.
And the president is Trump.
FRB's key positions, chair, vice chair, and directors are appointed by the president based on the advice and consent of the Senate (quoted from the Federal Reserve System's wiki).
Trump may forcibly remove Powell, with a term until May 2026, using the president's authority and Senate power, and send his own loyal executives to the FRB.
This scenario is quite plausible 🤔
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184295026 OP : Sorry, I had a major typo
Trump -> The current weakness of the economy in the usa is due to the extremely strong dollar. Immediately,
☓ raise interest rates!!!
◯ lower interest rates!!!
Why are Powell and Trump so hostile to each other due to differences in their thinking and end up having the same ideaaaaa
It was an embarrassing typo mistake