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Interest rate cut in October is stable!
Both Powell and Trump made significant statements last night, which temporarily impacted the financial markets.
1. Powell's speech last night can be summarized in two points:
First, it has left room for interest rate cuts this year, with the probability of a rate cut in October rising to 93% after the speech.
Secondly, it was mentioned during the Q&A session that the current stock price valuations are relatively high, which has temporarily dampened market sentiment.
2. Trump's speech at the UN General Assembly mainly summarized: Ukraine is capable of reclaiming all lost territories with the support of the EU and will continue to provide weapons to NATO!
Deriving Question 1: Talking to Putin with words is actually not effective, so Trump can only continue to make strong statements to force Putin to sit at the negotiating table. However, in specific details, the focus is still on "putting pressure on the EU." For example, continuing to urge the EU to reject Russian energy, expand defense spending, etc.
Derivative Issue 2: It seems to be catalyzing the Russia-Ukraine war, but a close reading of Trump's specific content reveals that the U.S. military support has its limits: the principle still followed is to avoid getting involved in the war and let Europe solve its own problems. In this case, it actually does not have much impact on the U.S. stock market. #狗狗币ETF进展 #加密市场回调