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Bring On The Warsh

by Scott Martin Contributor
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.

Featured

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

Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for ​its cloud infrastructure, the software company said.

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.

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

(Bloomberg) - Wall Street’s apprehension about the cost of developing artificial intelligence technology has been simmering beneath the surface of the stock market for months. Now it’s starting to boil over.

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The Trust Advisor

Avoid Estate Plan Drama By Communicating Clear Directives

Clear communication and preparation are vital to avoiding estate planning drama, according to three Columbus-area attorneys.

The Trust Advisor

Comprehensive 2025 Trust & Will Estate Planning Report Reveals The American Dream In Crisis

The 2025 Trust & Will Estate Planning Report, a new study and the largest estate planning survey ever, reveals Americans' resistance to planning.

ETF Innovators

TDI ETF: Touchstone’s Fresh Perspective on Global Investing

The Touchstone Dynamic International ETF (TDI) offers a fresh approach to global investing, combining active management with a focus on high-quality companies across international markets. By adapting to different market conditions and employing a bottom-up strategy, TDI aims to capitalize on undervalued opportunities outside the US. With its flexible approach and emphasis on fundamental quality, TDI presents an attractive option for those seeking global diversification in their portfolios.

The Trust Advisor

Heirs To The Musk Empire: Will Elon Musk’s 13 Children Inherit His Billion-Dollar Legacy?

Elon Musk has 13 children but does not intend to automatically hand over his companies to them. He believes in a merit-based approach.

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Economy

BofA’s Hartnett Warns Overbought Global Stocks Face Sell Signal

Companies

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

Washington Wire

IRS Owes Some Taxpayers Refunds For Pandemic-Era Penalty Tax Relief, Watchdog Audit Finds

The Trust Advisor

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

Economy

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

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