Here's the One Thing New Fed Chair Kevin Warsh Could Do That Would Actually Crash the Stock Market
View original at nasdaq.comHere's the One Thing New Fed Chair Kevin Warsh Could Do That Would Actually Crash the Stock Market Key Points Several actions Warsh could take may be potentially problematic for stocks, but not catastrophic…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
He is calling for regime change at the Federal Reserve
60% confidenceStock Advisor's total average return is 986%, outperforming the S&P 500's 208%
60% confidenceWarsh could be President Trump's sock puppet, undermining the Fed's political independence
60% confidenceIf Warsh is viewed as making ill-advised monetary policy decisions to appease President Trump, panic selling across asset classes could occur
60% confidenceHis credibility as Fed Chair is the most important thing to the institution and to the successful conduct of policy
60% confidenceWarsh has been viewed as an inflation hawk throughout his career
60% confidenceThe central bank should find new comfort in working without applause and without the audience at the edge of its seats
60% confidenceIf the U.S. dollar begins to sink, it could signal major trouble for the bond and stock markets
60% confidenceWarsh favors using the trimmed mean inflation rate rather than the PCE inflation rate
60% confidenceA stock or bond market crash is not likely under Warsh's leadership at the Fed, but some of his moves could increase volatility
60% confidenceMonetary policy independence is essential
60% confidence