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.
Trump Nominates Kevin Warsh to be Next Fed Chair
Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh.
BofA’s Hartnett Warns Overbought Global Stocks Face Sell Signal
Global equities are flashing an overbought warning, with moving averages already at levels that historically mark a sell signal for risk assets.
CFTC To Craft New Prediction Market Rules, Chairman Says
Wall Street’s main derivatives regulator will write new rules for the multi-billion dollar prediction markets industry, the head of the CFTC said.
Gold Falls To $5,300, Silver Slips From Record As Precious Metals Rally Enters 'Dangerous Phase'
Gold (GC=F) fell to around $5,300 after briefly topping $5,600 per ounce on Thursday while silver (SI=F) also pared gains.