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Bring On The Warsh

When the White House announced that Kevin Warsh had gotten the nod and the nomination to succeed Jay Powell as Fed chair, risk markets took a step back. Evidently the "goldilocks" traders who can't tolerate anything but perfection were disappointed once again. But those who argued that the problem with Warsh is that he's going to be an accomplice to the politicization of monetary policy missed some crucial data points. If people were really worried about the Fed becoming a rubber stamp for easy money and happy voters, they'd keep dumping the dollar for gold.

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The Trust Advisor

Bring On The Warsh

Featured

Oracle Says It Plans to Raise Up to $50 Billion in Debt and Equity This Year

Warsh’s Return Revives Tensions Over the Fed’s $6.6 Trillion QE Hangover

Microsoft’s $381 Billion Rout Exposes Dark Side of the AI Binge

Recent

King Charles Moves To Reclaim Royal Lodge, Ending £30 Million Inheritance Path For Andrew’s Daughters

The $10 Million Hermès Problem: Estate Planning When Luxury Collectibles Outpace The Art Market

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout To Ex-Wife Melinda Finally Revealed

Top Central Bankers Express 'Full Solidarity' With Fed Chair Powell In Clash With Trump

Popular

BofA’s Hartnett Warns Overbought Global Stocks Face Sell Signal

JPMorgan, Bank Of America Announce $1,000 Trump Account Match As Corporate America Support For Retirement Scheme Deepens

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Prince Andrew’s Daughters Beatrice And Eugenie ‘Angry’ As $60 Million Inheritance ‘Wiped Out’

The Dollar Could Have Further To Fall As Its Decline Creates A ‘Double-Edged Sword’ For America