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The Fed is starting to "argue" internally, which is actually a big deal for the market
Many people underestimate the significance of "disagreement."
In the macro world, unity is not scary,
What truly has influence is—
👉 opinions beginning to diverge.
Because what does this mean?
👉 Policy turning points are approaching.
But the question is:
👉 When will it turn?
👉 How much will it turn?
No one knows.
So the market enters a very typical phase:
👉 Expectations are traded in advance
👉 But the results are constantly revised.
That’s why the trend looks "very strong, but unstable."
My logical judgment:
👉 Short-term: mainly oscillation
👉 Medium-term: leaning towards easing expectations
👉 Long-term: depends on economic data
Strategically:
👉 Don’t chase the rally
👉 Control positions
👉 Wait for confirmation
In a nutshell:
Disagreement is not chaos, but a brewing trend. #美联储利率不变但内部分歧加剧