Kevin Warsh staring at 5% inflation like "so you want me to cut rates?"
Trump's Fed pick is about to learn what real pressure looks like. Markets pricing in cuts while CPI screams the opposite.
This is the setup for either:
• The most dovish Fed pivot in history
• A policy mistake that nukes risk assets
Either way, volatility is coming. Position accordingly.
Trump's Fed pick is about to learn what real pressure looks like. Markets pricing in cuts while CPI screams the opposite.
This is the setup for either:
• The most dovish Fed pivot in history
• A policy mistake that nukes risk assets
Either way, volatility is coming. Position accordingly.