Analysis: Trump deliberately collapsed the market to force the Fed to cut interest rates

Crypto analyst Anthony Pompliano (Pomp) makes a bold theory: the Trump administration may be deliberately creating chaos in the stock market with the goal of forcing the Federal Reserve to cut interest rates to avoid refinancing about $7 trillion of U.S. debt. Pomp noted that the yield on the 10-year Treasury note has fallen from 4.8% in January to 4.21% currently, indicating that the strategy is moving in the right direction. Trump once said on Fox News that no one can get rich when interest rates are high because people can't borrow money. The market expects the Fed to maintain its current interest rate at its March meeting, but the probability of a rate cut in May is close to 50%. Under the game between Trump and Powell, the market continues to be under pressure, Bitcoin has retreated 27.4% from its all-time high, and the global crypto market value has evaporated by more than $1.2 trillion. （Cointelegraph）