Let us see when Warsh gets in and whether he will follow the president's orders to cut interest rates.
For all the reactions that Trunp's announcement brought (precious metal big slump, equities going up) expecting that the new fed chair is a inflation hawk.
Once he acquiesce to the president's pressure, the fed's supposed independence (because of th inflation hawk) illusion will pop and markets will be in chaos.
We will see.
# 80% Rate Cut By June: Will S&P 500 Extend Gains?

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