Tonight at 2 a.m., the new Federal Reserve Chair Jerome Powell will make his first speech, and nearly 50 trillion USD in global assets are waiting for his words.

Here I will directly present four possible scenarios⬇️
1️⃣Rate cut➕No balance sheet reduction🟰Great positive
2️⃣No rate cut➕No balance sheet reduction🟰No impact
3️⃣Rate cut➕Balance sheet reduction🟰Potentially bearish
4️⃣No rate cut➕Rapid balance sheet reduction🟰Great bearishness
Waiting for the outcome of these two points⌛️