The Federal Reserve may be about to welcome its most "rebellious" chairman ever.

If Kevin Hassett takes the helm, the global central banking playbook might need a complete rewrite—his economic logic runs in a totally different direction from traditional Fed orthodoxy. While others fixate on CPI data to adjust interest rates, he only sees tax incentives and capital returns. To put it bluntly, he wants to transform the central bank from an "inflation extinguisher" into a "fiscal policy booster."

Just look at this guy’s resume—there’s enough material for a whole stand-up comedy show. Remember his book "Dow 36,000"? It made a huge splash, but when the dot-com bubble burst, the prophecy got delayed for more than two decades. During the pandemic, his mathematical models were even more absurd—he confidently predicted zero COVID deaths by May, only to be proven utterly wrong, with over a million lives reduced to statistical noise.

If he really takes over, the market should brace for a triple whammy:
First, even if inflation hits 3%, he may not act, claiming that "technological progress can absorb costs."
Second, those PhD economists' professional advice will likely be sidelined, and the decision-making circle will get extremely "streamlined."
Third, bond traders will be losing sleep—if the market suspects inflation is out of control, long-term Treasury yields could skyrocket at any moment.

This isn’t a simple personnel change; it’s gene editing at the DNA level for the Fed. How do you think this story ends? Will US stocks finally achieve that long-overdue 36,000-point miracle, or will fixed income markets get blown sky high first?