“Obviously some high profile names stating that the acceleration of Frontier AI models needs to slow may be a sticker shock, but, in a way, this feels exactly what the markets want”
US Equity Markets Bend But Don’t Break
“For market participants we are hopeful this will serve as a clearing event, allowing market participants to return to focusing on data and fundamentals”
Fed rate-hike odds surge as Warsh faces inflation-weary markets
“The unexpected surge in the August jobs report puts additional pressure on the Fed’s price stability mandate”
Small CPI surprise could trigger big Fed rate decision
“His comments indicated that underlying inflation trends have not meaningfully improved, and if they don’t improve quickly, then there is more work to do at the Fed”
Investors drop two-word verdict on Warsh’s Fed rate shift