Have some Wall Street institutions deployed AI to analyze Powell's lips in real time? Is it automatically buying or selling based on his lips the moment he speaks?
I don't know if this is true, but it seems everyone is waiting for the Fed's 2 a.m. rate cut, betting on a 25 basis point or 50 basis point move.
Unless you're a master short-term trader, there's really no point staying up. You can't compete with Wall Street and those quants; their hands are too fast.