The Wosh era begins! The truly sleepless are not the stock investors, but Powell's critics.

After Wosh confirmed his appointment as Federal Reserve Chair, the atmosphere in the U.S. financial circle became extremely delicate.
Wall Street appeared calm on the surface but was secretly meeting to study the "New Era Arbitrage Manual." Because the market generally believes that Wosh is more willing than traditional hawks to maintain stability in the capital markets.
In other words: the market has fallen so sharply that it might be saved.
So many investors suddenly gained confidence. Tech stocks led the way, and AI concept stocks once again staged a "valuation defying gravity" show.
Many people talk about economic danger but are frantically increasing their positions, perfectly illustrating what is called "rational analysis, emotional buying."
But ordinary Americans might not be so happy.
Because high interest rates have made loans, mortgages, and credit cards all more expensive. Many young people find that now, the hardest thing to buy in the U.S. isn't luxury cars, but normal living expenses.
If Wosh leans toward easing, the capital markets will benefit first; but if inflation rebounds, consumers will be the ones paying the price in the end. Simply put: Wall Street eats the meat first, ordinary people drink the soup later, and finally find that the soup has also become more expensive.
The most exciting thing is the dollar.
Once the market believes Wosh will lean dovish in the future, the dollar index is likely to come under pressure. Gold, Bitcoin, and emerging market assets may once again become favored by funds.
Recently, the crypto world has started to wildly speculate. "Will Wosh initiate a new liquidity cycle?" This question has almost become the standard message among traders' circles.
But true professionals know that the most terrifying thing about the Federal Reserve is never rate hikes, but expectations management.
Many times, the market doesn't lose to policies but to overthinking itself.
Wosh's biggest challenge in the future is how to prevent the market from getting too excited. Because right now, the capital market is like drinking ten cups of coffee—just one phrase like "possible rate cut" can send it soaring instantly.
And history repeatedly proves: every time the market celebrates prematurely, it often ends up paying the tuition.