Since Wosh took office, the U.S. stock market has already started an "AI-style self-indulgence."

After Wosh confirmed his appointment as the new Federal Reserve Chair, the reaction from Nasdaq was like a major soap opera.
Just a second ago, everyone was worried about a recession; the next second, they switched directly to a "tech bull market mode."
Many AI stocks are rising so fast that even programmers are embarrassed to explain.
The reason is very simple: the market believes Wosh might not stick to the traditional hawkish stance of "fighting high interest rates to the death."
What does the capital market like most? Not low interest rates, but "the possibility of low interest rates in the future."
As long as there is room for imagination, funds dare to rush in early.
So now a classic scene appears:
Economic data is mediocre;
Consumer pressure is high;
Corporate profit growth is slowing;
But stocks are still soaring wildly.
Because everyone believes that the Federal Reserve will eventually loosen monetary policy.
But the problem is, U.S. inflation has not truly surrendered.
Rent, insurance, and food prices remain stubborn.
Many American families' biggest investment right now is just figuring out how to survive until the next paycheck.
Wosh will face great difficulty ahead.
If he continues to maintain high interest rates, the market will complain;
If he loosens prematurely, inflation might surge back.
And Wall Street doesn’t give him a moment to breathe.
The market is already betting on several rate cuts in the future, as if Wosh hasn't spoken yet, capital has already decided his policy for him.
The most exaggerated is the AI sector.
Now many companies with "AI" in their name are valued like rockets.
Investors don't even care about profits; they only care if the story is big enough.
This atmosphere is very similar to the past internet bubble period.
The difference is, now even grandma and grandpa know the words "artificial intelligence."
Global capital is also starting to reallocate.
Asian markets are watching the dollar, Europe is watching U.S. bond yields, and the crypto market is daydreaming about a "big liquidity era."
Wosh just took the chair and found that he's not handling a steering wheel, but a high-speed drifting financial sports car. #Gate广场五月交易分享