🚨 FED CHAIR WARSH: STOP LOOKING TO THE FED FOR YOUR “NEXT TRADE”
Fed Chair Kevin Warsh says markets shouldn’t rely on the Fed for their next move. Instead, investors should focus on the actual economy: inflation, employment, activity, financial conditions, commodities and market data.
Warsh also warned against excessive forward guidance, saying inflation remains above the Fed’s 2% target.
The message: Don’t trade what you think the Fed will say. Watch what the economy is doing.
Could this mean more uncertainty—and volatility—for stocks, bonds, the dollar and crypto?
Fed Chair Kevin Warsh says markets shouldn’t rely on the Fed for their next move. Instead, investors should focus on the actual economy: inflation, employment, activity, financial conditions, commodities and market data.
Warsh also warned against excessive forward guidance, saying inflation remains above the Fed’s 2% target.
The message: Don’t trade what you think the Fed will say. Watch what the economy is doing.
Could this mean more uncertainty—and volatility—for stocks, bonds, the dollar and crypto?