In a fiery social media rant, Trump dubbed Powell “a major loser” and blasted him for not slashing interest rates fast enough.
“There can be a SLOWING of the economy unless Mr. Too Late… lowers interest rates, NOW,” he warned.
But while the president’s jabs aim to shake the Fed into action, it’s the markets that seem rattled.
The S&P 500, Dow, and Nasdaq all nosedived over 2% in a single day, capping off a brutal year so far.
Blame it on trade war fears, recession whispers, and now, a public brawl between the White House and the Fed.
Even the usual safe spots—like the dollar and government bonds—aren’t dodging the drama.
What Happened?
The dollar index just hit its lowest point since 2022. Investors?
They’re fleeing to gold, now shining at a record-breaking $3,500 an ounce.
As one trader put it, “When gold glitters this much, it usually means confidence is crumbling.”
So, is this just political theatre, or are we watching an economic slow burn?
Either way, the markets are listening—and they’re not loving what they hear.
