Trump said the new Federal Reserve Chair will push for significant rate cuts. Once this statement came out, the financial markets were directly soaked with a "loose policy expectation" splash. The reactions across different sectors are actually quite straightforward. Let’s break it down in plain language:

1. The US dollar is directly "fading"
Interest rates are the "hard backing" of the dollar. The market believes that rate cuts are coming, which will sharply reduce the attractiveness of holding dollars. Money will flow out of dollar assets, and the dollar index will likely fall. It might be more cost-effective to exchange for foreign currencies or shop abroad.

2. Gold is about to "take off"
Gold doesn’t generate interest, so rate cuts will lower the opportunity cost of holding gold. Plus, with the dollar falling, gold priced in USD will naturally become more expensive. Gold has been hovering at high levels, and now it’s highly likely to continue rising. Those wanting to buy gold should keep an eye on the rhythm.

3. US stocks, especially tech stocks, will be "excited"
Rate cuts mean cheaper borrowing for companies. Tech stocks and growth stocks thrive on "funding," so they will definitely see an initial surge. Additionally, with more money in the market, everyone is more willing to buy stocks for gains. Overall, US stocks are likely to move upward.

4. US Treasuries become the "hot commodity"
Bond prices and yields move inversely. After the expectation of rate cuts, high-yield US bonds become more valuable. Their prices will rise, and yields will fall, especially for short-term US Treasuries, where the reaction will be more pronounced.

5. Cryptocurrencies will also "join the fun"
Bitcoin, Ethereum, and other coins love riding the wave of liquidity easing. The rate cut expectation will attract speculative capital, possibly causing short-term price increases. But don’t get carried away—if the rate cuts don’t materialize later, prices could fall just as quickly.

But to be honest, this wave of influence is mainly driven by "hearing the wind and believing the rain"—the actual decision to cut rates, and by how much, depends on who the new Fed Chair is and how US inflation and employment data look. If expectations fall short, assets that previously rose will likely retrace their gains.