highhand
01-30 17:17

It's not going to affect the market. Market makers already know what to do... Now it's a flush down in the market... After that we are ready to go up again.

But still a change of Fed Chair is refreshing. Someone new for Trump to play with. Maybe once he's in, and listens to Trump, stock market will use this as excuse to fly high

Fed Chair Warsh! Will Market Continue to Fall?
Trump announced his pick for Federal Reserve Chair on Friday. With rate policy already sensitive, leadership uncertainty is adding another risk layer for equities and bonds. Reports suggest former Fed Governor Kevin Warsh is among the finalists, though officials stress the decision isn’t final until announced. Would a Warsh-style appointment calm markets—or heighten fears over Fed independence? Do you buy the dip or cut risk?
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