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

Crypto analyst Anthony Pompliano (Pomp) has a bold theory: the Trump administration may be deliberately creating chaos in the stock market to force the Federal Reserve to cut interest rates to avoid refinancing the U.S. debt worth about $7 trillion. Pomp noted that the yield on 10-year U.S. Treasuries fell from 4.8% in January to 4.21% now, indicating that the strategy is "moving in the right direction." Trump once said on Fox News, "Nobody can get rich when interest rates are high because people can't borrow money." The market expects the Fed to maintain the current interest rate at its March meeting, but the possibility of a rate cut in May is close to 50%. In the game between Trump and Powell, the market continues to be under pressure, with Bitcoin falling 27.4% from its all-time high, and the value of the global crypto market evaporating by more than $1.2 trillion.