特朗普公然唱反调！鲍威尔美联储官宣成笑柄，市场动荡将成常态？

Group 1 - The global market is experiencing significant asset declines, while gold prices are rising due to ongoing geopolitical instability [1] - The Federal Reserve's upcoming October meeting is crucial, as key economic data is unavailable due to the government shutdown, making Powell's statements particularly important [3][5] - Powell's strategy includes cautious interest rate cuts and an end to balance sheet reduction to prevent liquidity issues [5][7] Group 2 - The Fed's simultaneous interest rate cuts and balance sheet reduction create a challenging liquidity environment, reminiscent of the 2019 liquidity crisis [7][9] - Trump's recent trade actions, including increased tariffs on Chinese goods, add to market volatility, despite the potential legal challenges to these tariffs [9][11] - The U.S. economy is under pressure from high inflation and employment issues, making aggressive trade actions risky [11][13] Group 3 - Investors should accept market volatility as a norm and consider defensive sectors like consumer and healthcare, which are less affected by economic fluctuations [15] - Structural opportunities may arise post-balance sheet reduction, particularly in technology and renewable energy sectors, but caution is advised regarding export-related companies due to ongoing trade conflicts [17]