Sudden in the middle of the night! The White House rarely speaks, and the Fed's policy is about to turn?

The circle exploded tonight - the director of the White House Economic Committee spoke directly, revealing that the Fed may cut interest rates soon. You know, in the past, the White House basically did not touch this kind of monetary policy, but this time the high-level personal "spoiler" released the signal was not generally strong.

Why is this happening? To put it bluntly, the U.S. economy is under pressure right now.

Two mountains are at the top:

Block 1: Debt black hole. The national debt has exceeded $30 trillion, and $1.2 trillion is burned every year just by paying interest. This account is getting bigger and bigger, and it can't be stopped at all.

Tower 2: The market is short of water. Last week, bank reserves evaporated $38.3 billion in a single week, and liquidity was clearly in a hurry. The market is thirsty, and if you don't give water, there will be problems.

While owing astronomical debts, the market is thirsty. Interest rate cuts may really be the only card they can play.

What if you really open the gates to release water?

Global liquidity will usher in a wave of shock. Traditional capital has long been finding a way out. The founder of MicroStrategy directly shouted some time ago that Bitcoin's market value can reach $200 trillion in 20 years, saying that it is the strongest defensive weapon against the depreciation of fiat currency.

Even the IMF couldn't sit still, specifically warning that the expansion of stablecoins would threaten the central bank's control - which in turn proves that a battle for financial discourse has begun.

Not only does it have to release water outside, but the inside of the currency circle is also making a fuss. Last night, a project directly burned 77.86 million ASTER tokens, and this extreme deflationary gameplay is becoming more and more popular in the meme coin space. The water outside is coming, the fire inside has been lit, and the liquidity-driven market may detonate at any time.

However, it is essential to remain calm.

The essence of all this is a shot in the arm when the economy really can't hold on. While predicting interest rate cuts, BlackRock is also reminding that if inflation returns next year, the market may be directly beaten back to its original shape. So this wave is more like a "preventive market", not the beginning of a full-scale bull market.

What is smart money doing?

They have quietly increased their positions in long-term U.S. bonds. The logic is very simple: you can follow it in the short term, but it is definitely not stud, and you are ready to withdraw at any time.

For us, the opportunities and pitfalls are there. When the water comes, asset prices may be lifted, but the undercurrents underwater (repeated inflation, recession risk) are more worthy of vigilance.