President Trump has continued to express his dissatisfaction with the chairman of the Federal Reserve, Jerome Powell. But should the president go so far as to release Powell, say Strategists say that this would increase the pressure on US shares.

Michael Goosay, Chief Investment Officer of Global Fixed Income from Asset Management, said Yahoo Finance that such a step would question the independence of the central bank. This would “continue to put pressure on foreign investors in US dollar assets,” he said.

Last week, reports whirled out that Trump may have fired over Powell. Trump himself told reporters in the White House on April 17: “If I want to get out (Powell), he will be out very quickly, believe me.”

On Monday morning, Trump posted the social of truth.

The potential fall of the Fed chair is only a factor that is moving onto the market this week. The shares were strong in the red on Monday, as the investors continued to have the effects of Trump’s tariffs and AI growth in large technology companies. The S&P 500 (^GSPC), Dow Jones Industrial Average (^dji) and Nasdaq Composite (^ixic) closed more than 2%.

In the meantime, the disinterest of investors on the assets supported by the USA The US dollar index (DX-Y.NYB) had dropped by about 1% to reach its lowest level in three years. In the meantime, the 10-year financial return was pressed higher and 5 basis points increased to just under 4.4%.

“The dollar, bond market and the stock markets take it on the chin, some of which were undoubtedly tightened by the comments that were addressed to the chairman Powell,” Troy Guyeski, chief strategist of the FS Investments, told Yahoo Finance.

In a note on Monday morning, Renaissance Macro’s business manager Neil Dutta wrote that the removal of Powell would “disturb the bond market in a dramatic way”.

“The risk premiums would increase sharply if investors question the independence of the central bank and the longer interest rates would increase,” wrote Dutta.

This could be a headwind for shares in itself, since the interest rate volatility often coincides with a large sell -off in shares. Add the series of other headlines that have recently sent stocks lower, and the result is an insecure view for investors.

“Trump’s Turbuam tariff brought the world on the way,” wrote Ed Yardeni, President of Yardeni Research, to the customer on Monday. “A new world order may be the ultimate result, but at the moment we have the new world disorder, so that everyone can be adapted to Trump’s unpredictable political turns. The economic failure is uncertain.”