Power Poster
Enduring value guardianPeople recommended by institutions are favorable in the short term
In the long term, we have to wait until they take office to know
Breaking! The new Fed chair candidate is announced!
Trump has finally announced the final candidate for the Fed chair, and it's Warsh, who was previously the most expected.
Warsh was indeed a hawk in the past. He advocated for rate cuts but said they should be paired with balance sheet reduction. He also previously criticized the Fed for overusing QE.
But in any case, since he passed Trump's interview, it proves he definitely won't be worse than Powell. So now, all the products that were wrongly sold off due to concerns about his appointment are a great opportunity.
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