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#wallstreet

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BOCVIP

What happens when Trump eventually fires/replaces Powell? bocvip.com/834715/what-happens #StockExchanges #StockMarket #WallStreet #WallStreetBets

BOCVIP · What happens when Trump eventually fires/replaces Powell?What happens when Trump eventually fires/replaces Powell? He’ll probably replace him with a DUI hire like hegseth or a yes man like Bessent. My bet is the market would react, negatively, very negatively to the news. Powell has handled inflation and covid decently well. Managed through Trumps first term and was re-elected by Biden even though Powell is a registered republican. My prediction is it will be seen as massive loss in federal banking stability and result in a crash in DXY. DXY could go to 90 in first 24h and S&P to 4500 as foreign investors start trumping treasuries
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BOCVIP

Is the market more fucked than it seems? bocvip.com/834188/is-the-marke #StockExchanges #StockMarket #WallStreet #WallStreetBets

BOCVIP · Is the market more fucked than it seems?As it has been wildly reported, the US dollar is down 10% YTD, which means that stocks themselves are even less valuable. To help visualize it, look at this table: Index 1/2/2025 4/16/2025 Change S&P 500 $5,868.55 $5,275.7 -10.10% Dow Jones $42,392.27 $39,669.39 -6.42% Nasdaq $19,280.79 $16,307.16 -15.42% It looks bad, but if we look at it in Euros: Index 1/2/2025 4/16/2025 Change S&P 500 €5,692.49 €4,642.62 -18.44% Dow Jones €41,120.50 €34,909.06 -15.11% Nasdaq €18,702.37 €14,350.30 -23.27% It is worse if we look at in gold, a common destination for one fleeing the dollar: Index 1/2/2025 (oz) 4/16/2025 (oz) Change
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