Trump-selected Fed chair Kevin Warsh may hope the threat of rate hikes is enough. But stocks might gain ground if he does. Past rate-hike cycles can be a guide.
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Warsh
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The new Fed chief is ditching the central bank’s playbook — leaving your portfolio flying blind.
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Key Takeaways: With former Fed governor Kevin Warsh now on board to be the next Fed Chairman, there is fresh speculation about interest rate cuts and risk assets. Crypto traders…
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Market downturns typically tag new central-bank leaders. And Warsh faces a tough choice between crushing demand or saving the bull market.
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The DOJ dropped its criminal probe of Fed Chair Jerome Powell Friday, clearing a key Senate hurdle for Kevin Warsh’s confirmation. The Department of Justice on Friday dropped its criminal…
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Some Fed watchers say the choice of Warsh means it’s more likely that Powell will continue to stand in Trump’s way.
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A selloff is underway for gold, silver and copper on Friday, as the dollar rises on expectations that Kevin Warsh will be the next Federal Reserve chairman.
