Powell sings a dovish tune, Trump puts on a personnel show, how many more good shows are left on the road to interest rate cuts?

The financial market has always loved to see lively events, but this time the excitement is a bit "out of the ordinary."
"The". Powell just released a dovish signal - "interest rate cuts might be coming soon, so don't rush," investors were just starting to do some calculations in their minds: will the dollar loosen up, can the stock market get excited again? As a result, Trump suddenly took action, dismissing Fed Board member Cook, abruptly bringing a rock guitar solo to the dovish choir.

Trump's move is actually very straightforward: Federal Reserve, don't beat around the bush with me, you need to cut interest rates quickly, decisively, and accurately. Director Cook was dismissed, and the underlying message is almost naked—anyone who might obstruct the "interest rate cut express" must get off. In other words, this is the White House's version of "clearing the internal competition": since the market wants dovish signals, why not make them more thorough?

The question arises: Although Powell is dovish, he still has to consider economic logic such as inflation data and employment resilience; on the other hand, Trump's logic is political priority—lowering interest rates can boost the stock market, stimulate consumption, and help secure votes, which is the financial script that must be executed. Thus, the independence of the Federal Reserve in this scenario becomes merely a decoration, turning into a remote control in the president's hands.

For investors, this superficially appears to be a "cool situation": short-term positive for asset prices.
The US stock market can continue to rise, and the smile on the risk market is even bigger. Smart money is also quietly calculating: if the Federal Reserve completely becomes a political tool, can it maintain professionalism and independence during future economic crises? Lowering interest rates can stimulate temporary prosperity but may sow the seeds of long-term instability.

The most magical aspect of this scene is that the market is actually willing to enjoy the spectacle while footing the bill. Investors shout "independence is gone" on one side, while desperately increasing their positions on the other.

After all, on Wall Street, the ideal is finance, and the reality is Trump.