US Profit Outlook Rarely This Sour — Morgan Stanley's Wilson
The core logic behind the recent sell-off of dollar Assets: Trump is pressuring Powell.
Investors are closely evaluating whether Trump can truly fire Powell. Macquarie states that the latest catalyst for the dollar sell-off may be the pressure Powell is facing. However, the reality is that the dollar sell-off does not need further excuses. The events that have occurred over the past three months are enough to prove the persistence of the dollar sell-off, which may continue for several more months.
The Mag 7 Earnings Reports have begun! Under the tariff storm, Tesla has sounded the "red alert," and Google is facing a "chain reaction" of tariffs.
In the latest guidance, investors will clearly discern which tariff risks have been fully absorbed by the market and which potential impacts have not yet been priced in.
Trump wants to fire Powell? The French finance minister warns: this will damage the credibility of the dollar and the USA economy!
① The French Minister of Finance, Le Maire, warned that if Trump dismisses Federal Reserve Chairman Powell, it would jeopardize the credibility of the dollar and undermine the stability of the USA economy; ② Last week, Trump expressed his disappointment in Powell's cautious attitude towards interest rate cuts and posted on Social Media that Powell is not being fired quickly enough.
Trump Is Everywhere Except in the Economic Data -- WSJ
Stock Futures Fall After Wall Street Posts Another Losing Week
