A mistake that many make is assuming that Trumps actions are solely guided by the markets.
It creates a faulty worldview where Trump HAS to appoint a dovish fed chair or will open the Strait to save the market. Analysts with this view will continue to look silly.
whether we actually run reserves to zero or they just continually slow draws is irrelevant. the result is the same. only difference is the latter avoids a panic headline
my friend that is a layman was asking me questions about the oil trade so i tried to lay it out as simply as i could. reading it back, i honestly don't know how people are incapable of following such simple logic
basically just regurgitating my post from the other day here