Why markets would 'react negatively' to Kevin Warsh as Fed chair
Market Intelligence Analysis
AI-PoweredThe article suggests that markets may react negatively to Kevin Warsh as the next Fed chair, as his potential appointment is mentioned alongside a warning of a negative market reaction.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
US President Trump said he is close to announcing his pick for Federal Reserve chair, replacing current Fed Chair Jerome Powell after his term ends in May. FedWatch Advisors founder and chief investment officer Ben Emons joins Opening Bid host Brian Sozzi to discuss which candidate will be the "best friend of the markets." Be sure to check out Jennifer Schonberger's profiles of each of the possible candidates to be the next Fed chair: National Economic Council director Kevin Hassett, former Fed Governor Kevin Warsh, Fed Governor Chris Waller, and BlackRock's (BLK) head of fixed income Rick Rieder. To watch more expert insights and analysis on the latest market action, check out more Opening Bid.
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