"Should We Buy the Dip or Run Away Now?"

First, reviewing Powell's consistent strategy, its core lies in balancing and managing expectations. When economic data shows weakness, he tends to release calming signals through his statements, aiming to offset market panic and implement the regulatory approach of "stabilizing the economy, preventing overheating, and avoiding a collapse." This method essentially adjusts psychological expectations to maintain a path towards a soft landing.

Second, Trump's policy agenda, whether in terms of tariffs, stablecoins, or international strategy, serves dual objectives: to reward the capital groups that support him while fulfilling economic commitments to his voters. The underlying logic is to promote the return of industries, enhance national economic autonomy, and alleviate debt pressure. Achieving these medium- to long-term goals relies on a low interest rate environment to buy time.

Third, Trump has been continuously calling for interest rate cuts recently, driven by multiple interests. On one hand, lowering interest rates can reduce financing costs for the government and enterprises, creating a more relaxed credit environment for promoting policies such as infrastructure and industrial reshoring, and it also helps stabilize the stock market and enhance economic performance — all of which directly relate to voters' satisfaction with his administration. On the other hand, low interest rates can alleviate the increasingly severe debt repayment pressure in the U.S., providing space for implementing larger-scale tax or fiscal policies. His frequent calls for rate cuts are not only a way to exert political pressure on the Federal Reserve but also a means to convey positive expectations to the market, attempting to shape a favorable narrative of "strong economy, low rates" to pave the way for his campaign and policy advancement.