Trump to FIRE Jerome Powell & Retaliatory Strikes

Donald Trump just had a few Choice words

for Jerome Powell let's take a look at

what Donald Trump said on the same day

that Mike Wilson is apparently stepping

down as one of the chief investment

officers over at Morgan Stanley in that

research Department somewhat surprising

to see one of the biggest bears over at

Morgan Stanley stepping down from his

post but for now let see what happens to

J pow under a trump this leads me to the

economy Mr President because J Powell

the chairman is talking about a soft

Landing do you believe we will see a

soft Landing well I think he's uh going

to do something to probably help the

Democrats you know I think if he lowers

interest rates but you have the

potential of having massive inflation

again because the Middle East could

drive up the price of energy you know

energy has so much to do with it and the

Middle East again the bombs are dropping

all over the place and the ships are

starting to get hit and hit hard uh if

that happens you're going to have

tremendous spikes in the the price of

oil and if you do that you're going to

have big inflation he's not going to be

able it's it's worth noting that right

now the opposite has actually been

happening now part of that may be

because of a Slowdown in China yes

strikes in the Middle East are occurring

strikes are also occurring in the Red

Sea Donald Trump is absolutely correct

about both of those things we do have

turmoil in the Middle East we just had

another French carrier this morning

refuse to tr Transit through the Red Sea

this adds about 30% to shipping time but

throughout all of this drama oil prices

have been relatively stable Ian don't

get me wrong they move up and down on

the daily basis but consider this we've

really had an escalation of oil related

uh tensions uh Middle East tensions uh

tensions around uh Syria uh Iran Yemen

and other oil producing Nations since

about November well we've actually found

is oil prices today are lower than they

were around Thanksgiving where they were

around 83 bucks a barrel and now we're

sitting at about 77 so we really haven't

seen that yet nor is it necessarily

clear that inflation in uh commodity

prices like oil is definitely going to

lead to more Consumer Price inflation

Michelle Bowman of the Federal Reserve

actually just came out and argued that

the biggest risk we actually have is

that the rebalancing of the labor market

slows we go back to a really tight labor

market where everybody's hiring again

because everything's booming and then

you end up with a potential Revival of

services inflation so not necessarily

commodity driven here consider the fact

that we just had retaliatory strikes on

Syria and Iraq targets there especially

some of the targets being used as

military bases by uh supporters or

Fighters for uh Iran this all in

retaliation for the tower 20 two attack

that killed three Americans and wounded

34 12 of them critically this was an

enemy drone The Wall Street Journal

reported that the Drone was actually

spotted by American troops but it was

unclear whether it was a us or enemy

drone and because of the confusion the

Drone ended up striking a living

quarters Barracks area uh where troops

were and the Biden Administration

retaliated just today it did take not

the 30th not the 31st not the first it

did take 4 days to retaliate but we did

get that retaliation on uh paramilitary

forces and different parts of Syria and

uh Iraq of course Iran denied

involvement in this but again despite us

knowing that these strikes were coming

no movement yet in oil prices so I do

have to separate from Trump there a

little bit oil price is not the best

argument I think it's more relatable

though right because we hear yes oil

prices will have a big impact on

inflation just like that by line there

well of course we think that it just

hasn't been happening so it's sort of

the expectation versus reality issue

here able to do anything but it looks to

me like he's trying to lower interest

rates for the sake of maybe uh getting

people elected I don't know so you think

he's political he's just going to cut

rates to help Biden I do I do I think

he's political yeah so I mean the Biden

team can say well if they which is

really interesting because the uh

Federal Reserve has really been gearing

up for rate Cuts here in 2024 for quite

a while there was that maybe it' be in

March maybe it'll be may maybe it'll be

June but yeah it it is it is going to

align with being essentially right

before the election is part of it or

could the magnitude of these Cuts be

related to political absolutely

110% and quite frankly Donald Trump I

mean let's be real Donald Trump saying

I'm a fire Powell Powell's going to hear

this it's kind of going to be like H do

I want to get fired uh you know because

if uh if I get fired somebody else might

come in that might do a worse job ruin

the whole reputation I set up Donald

Trump's aggression against Powell here

could actually potentially motivate even

more

Cuts things are so bad how come the

stock markets on a roll because they

think I'm going to be elected that you

think the stock market's rallying

because people think you're going to

yeah if you take a look at Iowa if you

take a look at New Hampshire the stock

market's been going crazy since then and

and long before then when I when I

announced I was running I took the lead

early and then I beat everybody

including run D santis I call him D

santis now I took the other names Mr

President back to the economy for a

second would you reappoint Jay Powell I

no I wouldn't do that you wouldn't

reappoint him no uh because he missed

inflation uh he did Miss uh he did Miss

but no I wouldn't be in CL who's your

choice for fed chairman I would I would

have a couple of choices I can't tell

you now okay let me let me get your take

on on this uh Central Bank digital

currency you've pledged to block a

potential Central Bank digital currency

is that about Sur before we hit cbdc

let's just quickly knock this out of the

way the stock market usually does try to

price in about 18 months ahead so is it

possible the stock market is in part

pricing in a trump yes but it could also

equally be possible the stock market is

trying to price in a democratic

government that is more supportive of

basically inflationary spending which is

somewhat what's going on right now in

terms of supporting manufacturing chips

green energy whatever who knows could be

either of them right now it seems like

we are clearly on an artificial

intelligence role let's see what we've

got in terms of cbdc surveillance it's

very dangerous it's very dangerous one

day you don't have any money in your

account it can be a very dangerous thing

and the other thing that I think is

maybe the most dangerous thing out there

of anything because there's no real

solution the AI as they call it it is so

scary I saw somebody ripping me off the

other day where they had me making a

speech about their product I said I

never Endor that and I'm telling you you

can't even tell the difference it looks

like I'm actually scary I AG because you

can get that into Wars and you can get

that into other things something has to

be done about this and it has to be done

fast and nobody really knows what to do

the technology is so good and it's so

powerful that what you say at an

interview with you almost do doesn't

matter anymore they can they can change

things around and nobody can tell the

difference even experts can't tell the

difference this is a tremendous problem

in terms of security this is a problem

that they better get working on right

now yeah no kidding well uh deep fakes

certainly uh not uncommon we just saw

Taylor Swift searches get banned on X

because there were so many deep fakes of

Taylor Swift without any clothing

clothing on

so pretty wild time that we're in but

let's be clear drum Powell getting fired

a lot of people are very frustrated

about drum Powell because they were late

on inflation way too much money printing

absolutely true we had way too much

inflation the question now is is the

right answer to keep rates High just to

not appear political maybe see see Trump

we didn't cut rates how can we be

political we didn't cut rates but then

of course Trump might turn around and

say hey y'all should have cut rates

y'all cause joblessness although I'll

tell you not after today's jobs report

man today's jobs report was a blow up

but look Donald Trump saying he's not

going to reappoint Powell I think if

anything is uh already somewhat

predicted by Powell remember Trump

almost fired Powell back in 2018 it

wasn't even clear if that was possible

the FED is supposed to be politically

independent so will some politics get

incorporated into uh Powell's uh

decisionmaking here

maybe because you might end up getting

the whole fed getting gutted and

replaced by other people right as

hopefully things are supposed to start

balancing out again who knows though

maybe they'll end up losing control over

these next few months Kathy Wood is of

the mindset the fed this fed has already

gone way too far and that they should be

cutting rates substantially already at

this point otherwise they would risk

massive

inflation guess we'll have to see but

when it comes to Donald Trump Donald

Trump and ho are a nogo why not

advertise these things that you told us

here I feel like nobody else knows about

this we'll we'll try a little

advertising and see how it goes

congratulations man you have done so

much people love you people look up to

you Kevin PA there financial analyst and

YouTuber meet Kevin always great to get

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