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My hope for Trump's Fed chief pick Kevin Warsh — and some unsolicited concern
Warsh was for being tight on interest rates in 2007 and being loose now. Let's just note it as an oddity and not castigate.
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cnbc.com
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CNBC Daily Open: Markets see Warsh as a safe pick for Fed chair — causing gold and silver to plunge
The U.S. dollar strengthened, signaling the market's approval of Warsh's credibility and perceived autonomy, but safe-haven assets gold and silver plummeted.
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CNBC Daily Open: Gold and silver tank amid Trump picking Kevin Warsh as Fed chair
The U.S. dollar strengthened, signaling the market's approval of Warsh's credibility and perceived autonomy, but safe-haven assets gold and silver plummeted.
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My hope for Trump's Fed chief pick Kevin Warsh — and some unsolicited concern
Warsh was for being tight on interest rates in 2007 and being loose now. Let's just note it as an oddity and not castigate.
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Why Kevin Warsh's efforts to shrink the Fed balance sheet might not wreck markets this time
The prospect of a Fed chair determined to shrink asset holdings may not be the risk-off moment for the market that it appears to be.