Harj
05-20 00:11

Powell was appointed by Trump during his first term as President. The entire world knows the greed of Trump and how he was pressuring Powell to reduce the interest rates to promote investment. However, Powell resisted this as an independent decision maker to reduce inflation economy despite open threats of his removal by Trump. The new appointee Marsh may not be able to dictates of Trump as he has only a casting vote to lower or increase interest rates. If the interest rates go down then AI and Cripto shares will bounce but if investors lose confidence in independence of Federal Reserve it could be counter productive. Gulf war is impacting the world as such the market will see-saw on daily basis.

30-Year Treasury Yield Hits 19-Year High: Time to Buy Tech Stocks?
Nasdaq fell 0.84% today as 30-year U.S. Treasury yields surged to a near 19-year high, placing systemic pressure on high-valuation tech stocks. Market focus now turns to NVDA's after-hours earnings tonight. The tech sector, last week's top-performing segment, has become the primary target for institutional deleveraging, with hedge fund short interest hitting a two-month high. If Treasury yields remain elevated and NVDA's guidance disappoints, where does this AI rally find room to breathe?
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