💥 Powell Panic Fizzles — Markets Climb as Trump Backs Off Threat

A wild day on Wall Street ends with green across the board after Trump pulls a "just kidding" on firing Fed Chair Jerome Powell.

Trump almost fired Jerome Powell — and the market freaked. Then he walked it back, and everything ripped.

In classic Trump fashion, a midday news bomb sent stocks diving: reports said he was “seriously considering” firing Fed Chair Powell. Cue chaos across equities, bonds, and the dollar. But hours later, he said he wasn’t “planning” to do anything — and markets bounced hard.

📊 By the close, the Dow posted its best gain this week, the Nasdaq hit another record, and Wall Street exhaled.

But that’s not all:

✅ Johnson & Johnson crushed earnings and raised its outlook
✅ Quantum computing stocks exploded (Rigetti +30%!)
✅ Bitcoin jumped as Congress rallied behind stablecoin legislation
✅ PPI inflation cooled, offering bulls a glimmer of Fed hope

So is Powell safe? Is Trump bluffing? And is this the start of a breakout — or just another episode of Rate Hike Theater?

The full breakdown has charts, context, and hot takes. Don’t miss it.