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Please cherish the current rally because there will likely be a correction in the mid to late month if nothing unexpected happens.
When Federal Reserve Chair Powell takes office, he will inevitably be new to the position, and there will be a "fire" of policy changes.
Don't think that just because he was nominated by Trump, he will necessarily listen to him.
You need to understand the structure of the Federal Reserve; the chair is just a frontman for the major financial families.
Otherwise, why would a Fed chair openly oppose the president?
Honestly, behind the scenes, there are a group of bigwigs standing there.
The president is aware of this, too.
Don't fantasize that a Trump-nominated chair will definitely listen to him or that there will be a surge.
Remember when Trump took office?
Many retail investors were ecstatic, thinking good days and a big rally were finally coming.
But what followed were various crashes.
The U.S. itself is a capital-driven country; ultimately, it’s the financial conglomerates that call the shots.
Even who becomes president is often a matter of negotiation.
It's similar to different factions within the financial elite sharing power.
They have prearranged choices, much like a separation of powers in finance.
They won't let one person have all the say.
Each financial group selects its own spokesperson, which has long been decided behind the scenes.
After all, they are not controlled by a single party.
There are two main parties, composed of two financial factions.
Naturally, their frontmen are the Federal Reserve chair and the U.S. president.
South Korea is the same, just more blatant, copying the Americans' playbook poorly.
The U.S. still keeps it somewhat subtle.
In plain terms, it’s all about financial collusion to keep the country running.
This is the essence of the United States as a capitalist country; you need to understand its true nature.