Germany's August IFO Business Expectations Index

Tonight, Fed Chairman Powell will deliver his final speech as chairman at the Jackson Hole Central Bank annual meeting. This speech is regarded as a key indicator of the monetary policy direction during the Powell era, and market participants are closely following it. Considering the current information from various sources, it is expected that Powell is likely to maintain a hawkish stance. It is worth noting that the current monetary policy decisions seem to have transcended simple economic indicators, reflecting more of the political gamesmanship, particularly the struggle between the left and right. Traditionally, Wall Street has had a close relationship with the left, as the left tends to support the free flow of international capital, representing the interests of large corporations, financial elites, and the military-industrial complex. In contrast, the right, especially the MAGA camp, more frequently represents the demands of middle and low-income groups and small to medium-sized enterprises. This political tendency may explain why, as Biden's term is coming to an end and the economy faces challenges, Powell still implemented two large-scale easing policies in an attempt to create the illusion of economic prosperity. However, during Trump's presidency, despite economic indicators showing signs of recovery, Powell maintained a tightening stance. Therefore, the outcome of tonight's speech can be anticipated, and it is likely to maintain a hawkish tone. For short-term traders, this could be an opportunity for speculation. However, for long-term investors, Powell's remarks are no longer as significant. Because regardless of what he states, the next Fed chair is likely to be replaced by a candidate from the MAGA camp. Based on the short-term characteristics of American democratic politics, large-scale money printing may become an inevitable choice in the future. In this case, the proliferation of fiat currency may further highlight the scarcity and value of cryptocurrencies like Bitcoin, driving their prices to continue rising. Regardless, tonight's Jackson Hole meeting will be an important window to observe the direction of American monetary policy and the political-economic landscape.

🇺🇸 MAGA VS. MARY JANE: TRUMP CAUGHT IN THE SMOKE Trump's mulling a federal downgrade of marijuana from heroin-tier Schedule I to the friendlier Schedule III - a move that could supercharge research and the legal cannabis industry. MAGA hardliners are not here for it.

“President Trump— who for 10 years, acted as the “Signal Setter” for advancing the narrative against the Deep State— since taking office in January has instead walked into the [proverbial] NeoCon camp and firmly planted himself, [narratively,] while having a giant bullseye spinning over his head. As the artillery shells are fired on that target, it’s the NeoCons (who have positioned themselves as the natural successors of MAGA) who are taking all of the collateral damage.” They won’t survive the artillery barrage. President Trump will. #crypto

Which Altcoin do you think is going to make #100x ? $DUKO 🐓 $FLOKI 🐶 #DROVER🚀💰 $ATM 🔥💰 $IMG 🚀🔥 $MAGA 🧢 $LYNK 🚀 $PAIN 🥲 $PONKE 🇺🇸 $FWOG 🐈 $IMF 💎 $HOOD 🚀 $Baby 🐸 $LIBRA 💰 $SNEK 🔥 $BRRR 🔥 $PI 🐕 $VINE 💎 $TRUMP 🔥🚀 $FWOG 🐈 #SPX6900 🔥 #DISTRIBUTE $michi 🦆 #GROK 🤖 What did I miss⁉️👇

Imagine thinking a man who did this isn’t on the Epstein list Fuck trump, fuck MAGA and Fuck the joos 🚶🏾‍♂️🚶🏾‍♂️