---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000878343.md"
description: "🌟🌟🌟 Federal Reserve Chair Kevin Warsh's unexpectedly hawkish Jackson Hole debut has fundamentally realigned market expectations, driving Wall Street's bets for a September interest rate hike above 60%.Just when investors were getting comfortable dreaming of aggressive rate cuts and endless liquidity, Warsh took the podium in Wyoming and turned off the music.Warsh made one thing crystal clear: the Fed is commited to a discipline, not a decision.  Translation? If the upcoming data stays hot, interest rates are going higher and White House's complaints ahead of November midterms won't stop him.It is time to pivot from growth heavy portfolio to defensive portfolio.A good strategy is to park some money into $iShares 0-3 Month Treasury Bond ETF(SGOV.US).  SGOV locks your money into Treasury Bills with maturities of 3 months or less.  It also has a razor thin expense ratio of 0.07%.  The primary objective is capital preservation and low cost cash yield.I don't think President Trump will be happy with Kevin Warsh."
datetime: "2026-08-31T06:42:36.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000878343.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000878343.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000878343.md)
author: "[koolgal](https://longbridge.com/en/profiles/2074993385495678976.md)"
generator: "portal-rs"
---

# 🌟🌟🌟 Federal Reserve Chair Kevin Warsh's unexpected…


### Related Stocks

- [SGOV.US](https://longbridge.com/en/quote/SGOV.US.md)

## Comments (1)

- **JeremyT · 2026-08-31T07:48:07.000Z**: 7bps is cheap enough, my pause is that sgov pays a usd yield so for sgd holders the fx leg can eat a chunk of it. t-bills here scratch the same itch.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**