Trump vs. The Fed Just Got UGLIER

"And right now, Wall Street very confidently believes that the Federal Reserve Bank is going to start cutting interest rates in September, even though inflation has come in hotter."

"So whether or not we see aggressive interest rate cuts in 2025 really doesn't matter too much because there's a very high chance based off of what we hear that President Trump is going to replace Jerome Powell in 2026 with somebody who's going to aggressively cut interest rates. So we can anticipate that in 2026 we will likely see lower interest rates."

"In fact, if you look at the bankruptcy numbers, we've been seeing some of the highest corporate bankruptcies in 2025 that we have seen since the tail end of the 2008 great financial crisis."

"And yes, if we do see an aggressive drop in mortgage rates, you'll probably see a surge in refinances. Maybe we would see a surge in buying. Maybe that would cause housing prices to go up."

"Because there are certain companies that will benefit from lower interest rates. Things like lenders, things like banks. And this has been talked about in the news very recently. But you might have seen that certain lender related companies have been seeing a lot of growth recently because investors are anticipating that once we start to see lower interest rates, people will want to refinance all of their debts, all of their car loans, all of their mortgage loans, and that's going to create a surge in refinance revenue."

"Wall Street very confidently believes that the Federal Reserve Bank is going to start cutting interest rates in September."

"Jerome Powell, who is the chairman at the Federal Reserve Bank, is going to have his term expire in 2026. Well, when his term expires, it's very likely that he is going to be replaced just based off of the things that we've heard from President Trump. And if he's replaced, President Trump will probably want to replace him with somebody who is much more likely to cut interest rates aggressively."

"So we can anticipate that in 2026 we will likely see lower interest rates. Why? Because President Trump will likely replace Jerome Powell when his term expires with somebody who will want to do that."

"In fact, if you look at the bankruptcy numbers, we've been seeing some of the highest corporate bankruptcies in 2025 that we have seen since the tail end of the 2008 great financial crisis."

"Because there are certain companies that will benefit from lower interest rates. Things like lenders, things like banks. And this has been talked about in the news very recently. But you might have seen that certain lender related companies have been seeing a lot of growth recently because investors are anticipating that once we start to see lower interest rates, people will want to refinance all of their debts, all of their car loans, all of their mortgage loans, and that's going to create a surge in refinance revenue."