If Powell is dismissed, will the market experience a "stagflation storm"?

Some institutions warn: if Trump really takes action to fire Powell, US Treasury yields may soar, and the dollar could collapse!

Currently, the bond market and currency market have clearly lost confidence in the economic policy of Trump's team, but the market still has faith in the independence of the Federal Reserve.

If this "line of independence" is broken, the consequences may be: a sharp rise in long-term bond yields; a steepening of the yield curve; a widespread increase in risk asset premiums; and a rapid push towards the brink of economic recession.

The last straw to stabilize the market may be Powell himself.

Pay attention to the actions of the Federal Reserve and prepare risk-hedging strategies in advance. Focus on key indicators to capture more critical market rhythms.