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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.
Warsh’s Return Revives Tensions Over the Fed’s $6.6 Trillion QE Hangover
As Trump mulled his choice for Fed Chair the debate in markets swirled around whether pick would lower interest rates as aggressively as he preferred.
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JPMorgan Strategists Say S&P 500 Valuations Are Still Attractive
US stock market valuations look attractive given low bond yields and the presence of higher quality companies in the S&P 500.
Senate Bill Could Hurt Private Equity. Here’s How.
Sen. Joe Manchin, D-W.Va., is now supporting a bill that aims to close the carried interest loophole.
Fed Watchers Say Markets Got It All Wrong on Powell ‘Pivot’
Economists pointed out that the Fed’s top focus remains curbing inflation, even if it comes at a cost to employment.
Credit Suisse Names New CEO to Overhaul Investment Bank as Losses Mount
Credit Suisse Group named asset management boss Ulrich Koerner new CEO, who is tasked with scaling back investment banking and cutting $1B in costs.