Isn't the person in question our beloved Fed chairman? From what I know, Trump is just itching to sack him. Knowing how nasty Trump is (especially after that encounter with Zelenski), I wouldn't wanna be in his shoes.
Trump is manufacturing a (shallow?) recession which will bring yields down. Powell will follow suit as the economy nose dives. Pain in the beginning of his term means he'll be a hero towards the end of it. Assuming it goes as planned, that is.
That's my fear. Bring it on, though. Recessions = lower rates = more mortgages to be sold my The Squid.
simply by looking at daily ma ribbon, the market shall wait for the lines to converge down before any directions can be charted, stay liquid.
It ain't gonna happen, for various reasons. Trump's high tariff will inevitably bring higher inflation. On top of that, if the economy slumps into a recession, that would be a double-whammy. That would literally drive Powell crazy. However, the wild card her is Trump himself. He's never entirely sure of himself, flip-flopping on s daily basis. Even worse, he wants everyone around him to just toe the line. But will Powell be so generous to merely go along with what Trump demands? My guess is no. But it's all just speculation at this point, so my advice is, chill out.