O, the illustrious POTUS, that most theatrical of mortals, has taken to the stage of political theater, threatening nations with the flair of a tragic hero! Oh, and he posted a picture of himself as the President of Venezuela-though we shall not dwell on that, for it is a tale of absurdity best left to the comedians of the court. 🤡
Instead, let us turn our gaze to the grand duel between the POTUS and the esteemed Fed Chair, a conflict so dramatic it could rival the finest of Molière’s comedies! The stage is set, the stakes are high, and the audience (read: the market) holds its breath. 🎭
Behold, the POTUS, who once nominated the Fed Chair with the grace of a king bestowing a title, now accuses him of treason! “Interest rates must be lower!” he cries, as if the economy were a puppet to be tugged by his whims. A most curious twist, for the man who placed him in power now seeks to unseat him! 🧠
And what of the Fed Chair? He has remained silent, like a stoic philosopher, until now! The Justice Department, that most formidable of actors, has served subpoenas with the flair of a villain in a farce. “The threat of criminal charges,” he declares, “is but a consequence of the Fed’s loyalty to the public, not the President’s whims!” A most audacious line, worthy of a Shakespearean tragedy. 📜
“The threat of criminal charges is a consequence of the Fed setting rates based on our best assessment of what will serve the public, rather than following the preferences of the President,” he declared, as if the very idea of a president meddling with the Fed’s business were a crime against humanity. 🧠
Oh, the drama! The Kobeissi Letter, that most diligent of scribes, notes this is the first time the Fed Chair has dared to speak out! For twelve months, he has been the silent sage, but now, like a phoenix, he rises! “I do not have any response or comment,” he once said, but today, he roars! 🦅
For the first time ever, Fed Chair Powell is fighting back:
Over the last 12 months, Fed Chair Powell has remained silent amid President Trump’s criticisms.
When asked about Trump’s comments, Powell would respond “I do not any response or comment.”
Today, that changed.
Amid a…
– The Kobeissi Letter (@KobeissiLetter) January 12, 2026
Analysts, those wise sages of the financial realm, have forewarned of more tumult to come, for this clash is but the first act of a grander drama. Gold and silver, those steadfast pillars of the market, have ascended to new heights, while BTC, that most capricious of assets, soared to $92,400, only to be halted by unseen hands and now linger just above $91,000. 📈💰
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2026-01-12 11:30