Podcasts about Warsh

Dan Nathan and Guy Adami break down a historic market week, headlined by SpaceX's blockbuster IPO and Kevin Warsh's first meeting as Fed Chair. Elon priced the deal himself at $135, and the stock popped to a ~$2.2 trillion valuation—instantly the 6th most valuable company in the world. The guys dig into whether the numbers actually add up, walking through Morningstar's $63 fair value, Jim Chanos's bearish note on xAI's financials, and what a 110x sales multiple means for anyone buying the pop. They also preview Warsh's "less is more" approach to Fed communication and what a quieter central bank means for volatility ahead. Then Dan is joined by VC Ann Bordetsky, for an "Okay, Computer." segment on the private-market side of the story: the looming Anthropic and OpenAI IPOs, OpenAI's rumored token price war, the compute crunch constraining AI demand, and why the CFO may now be the most powerful seat at any AI company. Articles Referenced OpenAI Considers Drastic Price Cuts, Anticipating War for Users With Anthropic (WSJ) Everyone hates frontier AI labs, says Palantir boss (The Register) "VCs behaving badly" (Axios) —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal MediaThe financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

A pending peace deal with Iran sparks optimism as oil prices fall and the Dow hits an all-time high. The traders discuss what investors can expect from a potential end to the war and how that impacts the Fed decision at Warsh's first meeting as chairman later this week. SpaceX also soaring on its second day on the market, now reaching over 25% since its debut and raising over $85 billion. Then, Commodity Futures Trading Commission Chair Michael Selig talks all things perpetual futures and what regulation of prediction markets could look like. Plus, Fox Corporation seeing its worst day ever after announcing a potential Roku acquisition, and why kids in the UK might be logging off social media for good. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ben and Tom discuss the Iran-US agreement to reopen the Strait of Hormuz with the blockade lifted immediately, $25 billion in phased sanction relief, a permanent end to hostilities including Lebanon, and an expected Friday signing in Geneva, the market reaction with oil dropping 5.6% to $80, the Nasdaq up 2.2%, and gold rising 3%, and the start of Warsh Week with the new Fed Chair pushing to scrap forward guidance and remake Fed communication.Join our live YouTube stream Monday through Friday at 8:30 AM EST:http://www.youtube.com/@TheMorningMarketBriefingPlease see disclosures:https://www.narwhal.com/disclosure

On today's episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about this week's Fed meeting — the first under new Fed Chair Kevin Warsh —  and how many rate hikes we should be expecting this year. Related to this episode: Markets await Warsh's first meeting as Fed chair HousingWire | YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ More info about HousingWire The Top 5: Google expands real estate listing ads to all 50 states The Iran conflict hasn't pushed oil and yields higher this week — here's why Jay Clayton tapped for DNI role as Congress pushes back on Pulte OneTrust sues UWM, E Mortgage Capital over trade secret theft AI could push real estate commissions lower, Alloy Advisors says The HousingWire Daily podcast brings the full picture of the most compelling stories in the housing market reported across HousingWire. Each morning, listen to editor in chief Sarah Wheeler talk to leading industry voices and get a deeper look behind the scenes of the top mortgage and real estate.

Markets are rallying as the U.S. and Iran move closer to an interim agreement, but the biggest question is whether the Strait of Hormuz will actually reopen fast enough to relieve pressure on global oil supplies.Chuck Zodda and Mike Armstrong break down what is known about the proposed Iran deal, why energy markets still face a tight timeline, and how continued inventory drawdowns could keep pressure on gas prices later this summer. They also discuss Kevin Warsh's first Fed meeting as chair, why the Fed may need to communicate less while proving its inflation credibility, why Americans remain unhappy with the economy despite low unemployment, and how SpaceX's IPO is fueling renewed investor interest in the broader space sector.

Just three weeks into the job, Federal Reserve Chairman Kevin Warsh is already facing an unusually high-stakes test. We look ahead to this week's FOMC decision with Rebecca Patterson, Senior Fellow at the Council on Foreign Relations & former Chief Investment Strategist at Bridgewater Associates.See omnystudio.com/listener for privacy information.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The US and Iran reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for negotiations on the fate of Tehran’s nuclear program. Officials from the two countries will meet in Switzerland to formally sign the agreement, with key sticking points left for the next stage of talks, including the removal of sanctions and financial incentives for Iran. The agreement could bring peace and security to the region, but its details remain unresolved, and both sides are casting the deal in different lights, underscoring the difficulties that may lie ahead in resolving outstanding issues. 2) Inflation is roaring back at the fastest pace in three years, and investors have been dumping US Treasury bonds and piling into bets the Fed will need to start raising rates by December. Federal Reserve Chairman Kevin Warsh is facing an unusually high-stakes test in his first FOMC meeting as Fed chair, with his maiden press conference and the Fed's post-meeting statement and forecasts to be scoured for clues on what's next. Warsh's commitment to maintaining the bank's political independence will be reassured if he sends a convincing message that the Fed is willing to shift back into inflation-fighting mode, but falling short will rattle markets already worried he could jeopardize the Fed's credibility. 3) SpaceX shares jumped in premarket trading Monday, after its blockbuster debut Friday vaulted it into the ranks of the world’s most valuable public companies. The performance helped bolster confidence in the artificial intelligence rally, following SpaceX’s embrace of AI earlier this year with the acquisition of Musk’s xAI. It also boosted the IPO prospects of Anthropic PBC and OpenAI, both of which plan go public themselves.See omnystudio.com/listener for privacy information.

Kevin Warsh, now Federal Reserve Chair, held his first public briefing on the U.S. economy, signaling a new phase for rate policy, balance sheet management, and communication. His background includes service as a Fed governor from 2006 to 2011, experience at Morgan Stanley, and a fellowship at the Hoover Institution. Founders and lenders will watch how guidance affects the federal funds rate, the prime rate, and SOFR linked borrowing costs. SBA 7(a) loans, which totaled about $27.5 billion in fiscal year 2023, often have variable rates capped at spreads over prime, making Fed policy a key input to payments. Longer term yields tied to the ten year Treasury will influence leases, equipment financing, and real estate decisions. The Fed meets eight times per year, and Warsh's approach to the two percent inflation target and forward guidance will shape financial conditions into the second half of 2026.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

15/6 Trump: l'accordo con l'Iran è concluso. Teheran conferma, venerdì la firma a Ginevra. Mercati: risk-on e relief rally. Piomba il petrolio: Brent -5%, WTI a 80$. Cosa succede adesso? Settimana di banche centrali, la prima di Warsh alla Fed. Attesi tassi fermi e rimozione “easing bias”. Mercato: le chance di un rialzo scendono a dicembre da 80 a 60%. Dollaro minimi da dieci giorni, giù anche rendimenti Treasury. Corrono oro, argento e Bitcoin che sfiora 66mila dollari. SpaceX +4% pre-market. Adesso si apre il vero test: tutto quello che dovete sapere. Anthropic disattiva Mythos e Fable 5, in settimana incontro alla Casa Bianca. Le preoccupazioni del Ceo di Amazon Andy Jassy. G7 a Evian, prove di accordi. Trump La Francia deve eliminare tech max o dazi al 100% su vino. E4 verso rimozione sanzioni Iran.  *** Questo episodio è offerto da Scalable Capital  Investire comporta rischi. Interesse p.a. lordo variabile su liquidità illimitata. Condizioni e distribuzione della liquidità su scalable.capital/conto-deposito-non-vincolato*** Euforia in Asia: Nikkei e Kopsi salgono oltre il 5%. Softbank +12%. La settimana della BOJ: rialzo di 25pb a 1% max da trent'anni. Zhipu vola con la promozione di JPM. Risk-on anche in Europa. Post Bce, rialzo a luglio o settembre? UK tra BOE (tassi fermi) e elezione di Burnham. Deutsche Boerse sotto egida nazionale. Btp Italia sì oggi al via. Focus su risiko bancario: domani cda Banco BPM, il 22 risponde Lovaglio. Ferrari con prima vittoria Hamilton,Telecom Italia e Ferretti.  Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of The Rate Guy, we talk about last week's jobs number, Warsh's first ever Fed meeting, what position are traders pouring into at a historic level and how a resolution in Iran affect the 10T. 

Enjoy this special feed drop of our sister show "In This Economy?!" Kevin Warsh will officially take over as the head of the US central bank on Wednesday – but it's not clear how his term will play out. The U-S President has been calling for interest rate cuts since he returned to office last year but several factors suggest that's not likely in the cards. But will Warsh feel the pressure from Donald Trump to cut anyway? And how might his decisions impact Canada? In today's episode of In This Economy?!, host Kris McCusker speaks to Scott Anderson, Chief US Economist for BMO Capital Markets - based in San Francisco, California about how the Fed might look different under Warsh and what could be coming during the early part of his term. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or @thebigstory.bsky.social on Bluesky

SpaceX's public debut on the Nasdaq makes history, reaching over $2 trillion in market cap and minting Elon Musk as the world's first trillionaire. Wedbush Securities Global head of tech research Dan Ives breaks down SpaceX's first trading day and where the space stock is heading next. Then, the traders discuss what a potential peace deal with Iran means for the oil market, and what to expect from Kevin Warsh's first Fed meeting next week. Plus, SpaceX isn't the only stock soaring - why retail and chip stocks are also on the rise, and why software is falling short. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Steve Forbes pushes back on the belief that economic data precludes any hope of an interest rate cut this year, and urges Fed Chair Kevin Warsh to make clear that there may well be a rate cut in 2026. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Collin Martin and Liz Ann Sonders focus on the outlook for equities, fixed income, and the overall U.S. economy in the second half of 2026. They begin by discussing recent inflation data, noting that while CPI remains elevated, core inflation came in slightly better than expected. Both agree inflation is not quickly returning to the Fed's target, but easing expectations and stable inflation expectations suggest the Federal Reserve can remain patient for now. The key risk is whether higher prices, especially at the pump, begin to erode consumer spending, as real wages have turned negative year over year. From a policy perspective, Collin expects the Fed to stay on hold through year-end, despite the fed funds futures market pricingin a potential hike. He emphasizes that short-term yields should remain steady, while longer-term Treasury yields may stay elevated due to persistent inflation, heavy Treasury issuance, and global rate pressures. In this environment, he suggests favoring short-to-intermediate bond durations and selectively considering credit risk via investment-grade corporates, high yields, and preferred securities. Liz Ann focuses on the outlook for equity investors, highlighting a shift back to a negative correlation between bond yields and stocks—more characteristic of inflation-driven regimes. Her midyear forecast points to a solid economic backdrop, led by resilient GDP growth, strong capital spending tied to AI, and a healthy labor market, though some early warning signals are emerging in survey-based employment data. The episode closes with a cautious but constructive outlook: no immediate recession signals, but investors should consider prioritizing diversification, risk management, and periodically rebalancing as markets navigate inflation, policy uncertainty, and evolving leadership trends. On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting.  If you enjoy the show, please leave a rating or review on Apple Podcasts. Important Disclosures This material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The securities, investment products and investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions. All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. Past performance is no guarantee of future results. Investing involves risk, including loss of principal. Performance may be affected by risks associated with non-diversification, including investments in specific countries or sectors. Additional risks may also include, but are not limited to, investments in foreign securities, especially emerging markets, real estate investment trusts (REITs), fixed income, municipal securities including state specific municipal securities, small capitalization securities and commodities. Each individual investor should consider these risks carefully before investing in a particular security or strategy. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk. Treasury Inflation Protected Securities (TIPS) are inflation-linked securities issued by the US Government whose principal value is adjusted periodically in accordance with the rise and fall in the inflation rate. Thus, the dividend amount payable is also impacted by variations in the inflation rate, as it is based upon the principal value of the bond. It may fluctuate up or down. Repayment at maturity is guaranteed by the US Government and may be adjusted for inflation to become the greater of the original face amount at issuance or that face amount plus an adjustment for inflation. Treasury Inflation-Protected Securities are guaranteed by the US Government, but inflation-protected bond funds do not provide such a guarantee. Preferred securities are a type of hybrid investment that share characteristics of both stock and bonds. They are often callable, meaning the issuing company may redeem the security at a certain price after a certain date. Such call features, and the timing of a call, may affect the security's yield. Preferred securities generally have lower credit ratings and a lower claim to assets than the issuer's individual bonds. Like bonds, prices of preferred securities tend to move inversely with interest rates, so their prices may fall during periods of rising interest rates. Investment value will fluctuate, and preferred securities, when sold before maturity, may be worth more or less than original cost. Preferred securities are subject to various other risks including changes in interest rates and credit quality, default risks, market valuations, liquidity, prepayments, early redemption, deferral risk, corporate events, tax ramifications, and other factors. High-yield securities and unrated securities of similar credit quality (junk bonds) are subject to greater levels of credit and liquidity risks and may be more volatile than higher-rated securities. High-yield securities are considered predominately speculative with respect to the issuer's continuing ability to make principal and interest payments. All names and market data shown are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data. The policy analysis provided by Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions Negative correlation refers to investments that tend to move in opposite directions: when one rises, the other falls. A hyperscaler is a large-scale cloud service provider that offers vast computing, storage, and networking resources through a distributed infrastructure of interconnected servers and software. (0626-WG7N)   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Relatively strong US growth, sticky inflation and a resilient labour market have strengthened the case for further Fed tightening. In this week's episode of The Weekly Briefing, Chief North America Economist Stephen Brown tells David Wilder why rates may rise again before year-end and what to expect from Kevin Warsh's first meeting as Fed Chair.Before that, it's Groundhog Friday, as Donald Trump again talks up an imminent deal to reopen the Strait of Hormuz. But what if this time it really is for real and a US-Iran deal does get done? Group Chief Economist Neil Shearing discusses how the outlook could shift if energy starts flowing again, but also explains the economic risks if any deal later falls apart as crude reserves run down.Related contentFed on hold as Warsh faces a fractious FOMCBoE may not follow the central bank crowd in raising ratesBoJ on track to hike despite Ueda's absence

Kevin Warsh will officially take over as the head of the US central bank on Wednesday – but it's not clear how his term will play out. The U-S President has been calling for interest rate cuts since he returned to office last year but several factors suggest that's not likely in the cards. But will Warsh feel the pressure from Donald Trump to cut anyway? And how might his decisions impact Canada? In today's episode of In This Economy?!, host Kris McCusker speaks to Scott Anderson, Chief US Economist for BMO Capital Markets - based in San Francisco, California about how the Fed might look different under Warsh and what could be coming during the early part of his term. Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!

SpaceX debutta a razzo: +25%; Giornata positiva a Wall Street; Prossima settimana sarà breve (venerdì WS chiusa); Mercoledì la prima di Warsh alla Fed; Attenzione alle 4 streghe giovedì sui listini Learn more about your ad choices. Visit megaphone.fm/adchoices

Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today! Checkout the WAWD Substack here: https://whatarewedoingonthedesk.substack.com/ Danny Moses is joined by Dan Nathan to break down a market that sold off on good news — strong jobs data, sticky inflation, and a Fed whose hands look increasingly tied heading into the CPI print. The guys dig into why the AI and data-center build has become the entire economy, and what a rotation out of those names would actually mean for growth. From there: Kevin Warsh's first meeting as Fed chair and how Danny is playing the odds of a dissenting vote, the long-awaited SpaceX IPO and the fine print behind it — index-inclusion mechanics, the timing of the Anthropic and Google compute deals, the 90-day exit clauses, and the question of who's left to buy once endowments and retail are already in. They close on two vice trades worth watching: Trulieve's move to the NYSE as cannabis quietly notches its biggest win in years, and how prediction markets like Kalshi are reshaping the data-provider landscape under DraftKings, FanDuel, and Flutter. --ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

A seemingly simple Fed transition is becoming a massive stress test of the entire financial system as rising debt, inflation, and global energy crisis collide. Luke Gromen of Forest For The Trees joins to discuss Kevin Warsh's looming challenge and why the Fed may soon face choices it can no longer avoid. We explore the dollar versus bond market tradeoff, the impact of the Iran conflict and oil prices, China's growing leverage, financial warfare, swap lines, and what it all means for stocks, gold, Bitcoin, and global markets. Enjoy! TIMESTAMPS: 00:00 Intro 01:50 Warsh's First Fed Test 04:54 Rethinking The Fed's Role 11:35 Can Warsh Control The Committee? 14:07 Why The Dollar Looks Weak 17:19 Warsh's Impossible Policy Mix 23:30 What's The Policy Plan? 27:31 China's Strategic Waiting Game 34:16 Financial Warfare Going Global 40:22 Swap Lines And Petrogold 47:11 Risk Assets Face Repricing FOLLOW LUKE › X/Twitter – https://x.com/LukeGromen › FFTT – https://fftt-llc.com/ FOLLOW THE SHOW › Forward Guidance – https://x.com/ForwardGuidance › Felix – https://x.com/fejau_inc › Telegram – https://t.me/+CAoZQpC-i6BjYTEx › Blockworks – https://x.com/Blockworks EVENTS › Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th https://blockworks.com/events DISCLAIMER Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

JPMorgan Asset Management sees a resilient economy facing multiple supply shocks, with inflation still largely supply-led and the Federal Reserve likely to remain on hold for now. Priya Misra, fixed-income portfolio manager at the firm and a manager of the JPMorgan Core Plus Bond ETF (JCPB Equity), joins Ira Jersey, Bloomberg Intelligence chief US interest-rate strategist, on this Macro Matters edition of the FICC Focus podcast to explain how she defines the “plus” in core-plus investing, from macro duration and curve views to allocations across securitized credit, high yield and mortgage convexity management. She also discusses what Kevin Warsh's arrival as Fed chair could mean for communication policy and the dot plot, arguing that investors still need enough Fed transparency to understand each official's reaction function. The two examine where she sees value across fixed income, including high-quality spread product, duration in the five- to 10-year sector as a hedge and select structured-credit opportunities such as agency CMBS and non-agency mortgage exposure over parts of the agency RMBS market. The Macro Matters podcast is part of BI's FICC Focus series.

As Kevin Warsh prepares to take the reins at the Federal Reserve, a deeper question emerges: has the Fed reached the limits of what monetary policy can achieve? Cem Karsan sits down with Danielle DiMartino Booth to explore the growing tensions between inflation, debt, financialization, and political pressure. From the future of quantitative easing and Treasury market risks to the rise of populism and the long term consequences of decades of intervention, this conversation examines whether the United States is approaching a turning point that could redefine the relationship between markets, government, and the Federal Reserve.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Cem on Twitter.Follow Danielle on X.Episode TimeStamps: 00:00 - Introduction and why Kevin Warsh's arrival at the Fed matters02:25 - Warsh steps into a divided Federal Reserve05:13 - The debt problem and the pressures facing policymakers07:52 - Can Warsh avoid another era of quantitative easing?10:00 - Interest rates, inflation, and the limits of Fed policy17:53 - Revisiting Arthur Burns and the lessons of the 1970s23:02 - Treasury buybacks, debt monetization, and market stability29:27 - Populism, demographics, and the future inflation outlook37:34 - Is the Fed's mandate shifting toward managing government debt?43:06 - Sovereign wealth funds and the possibility of equity market intervention45:56 - Would merging Treasury and the Fed end central bank independence?49:59 - Has the Federal Reserve broken the natural business cycle?51:22 - Final thoughts on crisis, reform, and America's economic futureCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I'm really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

Bitcoin just posted its worst week since the FTX collapse — a 16% slide below $60,000, the steepest drop since Sam Bankman-Fried's exchange imploded in November 2022 — and analysts are warning the modest bounce to ~$61,300 may be short-lived. What makes this scarier than the FTX-era crash: there's no single catastrophic catalyst. Analysts are calling it a "silent bear market" because Bitcoin just broke below its 200-week moving average for the first time in this cycle, rate-cut bets have flipped to rate-HIKE bets thanks to strong U.S. jobs data, gold/silver/BTC are all falling together as the safe-haven thesis breaks, and Friday's $75 billion SpaceX IPO is poised to drain another $22.5B of retail capital directly out of crypto. Add Anthropic launching its zero-day-finding Mythos AI today (the same tech that found the four-year-old Zcash bug), Warsh planning to kill the Fed dot-plot, JPMorgan deploying long-running autonomous AI agents, and today's U.S. CPI print landing into the chaos — and this may be the cleanest structural bear market we've seen all cycle. We break down whether the FTX comparison actually holds, what a 200-week MA break historically means for Bitcoin, and which catalysts could stop the bleeding before $50K comes into play. Learn more about your ad choices. Visit megaphone.fm/adchoices

Could digital credit actually be making Bitcoin's bear market milder? In this episode, Strive CEO Matt Cole tells Brandon Green that new, non-Bitcoiner capital flowing into instruments like SATA and STRC is providing real "dip support" for Bitcoin. He walks through the three-to-five-year institutional adoption curve, why ETFs accelerate in year three, and how 2027–2029 could set up an institution-driven bull market. Use code BM10 to get 10% off Bitcoin 2027 Conference in Nashville: https://2027.b.tc

Kevin Warsh wurde als neuer Chef der US-Notenbank bestätigt. Wer ist der Mann, auf den Donald Trump offensichtlich große Stücke hält?

10/6 Usa: tre ondate di raid difensivi nella notte per rivendicare l'attacco iraniano all'elicottero Apache. Pasdaran colpiscono base militare usa in Giordania e Bahrein. Entrambi: operazioni terminate. Brent +1%, dollaro e Treasury stabile. Futures in rosso, aspettando l'inflazione. Verso il tilt di Warsh? SpaceX, domanda supera di 4 volte offerta a 250 mld. Oggi chiude collocamento a istituzionali. Anthropic rivela Claude Fable 5, l'AI più potente del mondo della famiglia Mythos. Fifa, il flop dei biglietti.  *** Questo episodio è offerto da Scalable Capital  Investire comporta rischi  Interesse p.a. lordo variabile su liquidità illimitata. Condizioni e distribuzione della liquidità su scalable.capital/conto-deposito-non-vincolato*** Asia in rosso: Nikkei -2%, Kospi -6%. Cina PPI al 3,9% ritmo più alto ultimi 4 anni. CPI sotto le stime. Giappone sale PPI, verso aumento tassi BOJ. Cina, AI: piano da 295 miliardi di dollari. Taiwan taglia export chip alla Cina. Bank of Indonesia alza tassi In Europa futures prudenti, domani Bce. Ecco cosa farà. Meta, l'avvertimento di Bruxelles. Leonardo: via libera Bromo al 2027. Risiko bancario in portafoglio? I “Buy” degli analisti.  Learn more about your ad choices. Visit megaphone.fm/adchoices

VLOG June 9 Najibullah sentencing for kidnapping NYT Rohde. Live Nation & Ohio, FOIA. Polymarket Maduro case, Geragos says no CIPA https://matthewrussellleeicp.substack.com/p/for-soldier-indicted-for-polymarket Populist opposition to bank mergers, What Will Warsh Do? Volker Turk's RightsX waste as @USUN Waltz skydives

Met een aanstaand rentebesluit in de Verenigde Staten over een ruime week zijn de ‘wittebroodsweken’ tussen kersvers voorzitter Kevin Warsh en president Donald Trump voorbij. Dat stelt macro-econoom Edin Mujagić. See omnystudio.com/listener for privacy information.

──────────────────────────────────────── [00:03:00] AI-Reconstructed Inflation Data: The Dollar Has Lost 81% of Its 1980 Value — Official CPI Admits Only 74% The Reality Index strips hedonic adjustments and owner's equivalent rent: $1 in 1980 now buys 19 cents — official CPI says 26; since COVID alone the loss is 40–50%. ──────────────────────────────────────── [00:15:00] Official Recession Is Two Negative Quarters — We've Had Negative Growth in Almost Every Quarter Since 2022 Brownstone's Jeffrey Tucker: cumulative economic losses since 2020 are already roughly half the entire Great Depression — concealed entirely by manipulated government statistics. ──────────────────────────────────────── [00:25:00] Kevin Warsh Will Measure Inflation With 'Trimmed Mean PCE' — a New Metric That Removes All the Bad Data Knight: the formula has changed eight times in 35 years, always minimizing the true rate of price increases — and Warsh has already announced publicly how he intends to rig it again. ──────────────────────────────────────── [00:38:00] Only 20 S&P Stocks Hit Records — Identical to the Dot-Com Peak When 7 of the 20 Were Internet-Related Bank of America's Hartnett: the market is narrowly focused on one hopium industry producing no revenue — concentration levels almost identical to March 2000, with AI replacing internet stocks. ──────────────────────────────────────── [00:50:00] Trump Drops the $1.776 Billion Slush Fund — But the IRS Immunity Addendum That Saves His Family $100 Million Stays Todd Blanche testified he is 'not moving forward with the fund' — but neither he nor his deputy would put the IRS immunity provision in writing or formally reverse it. ──────────────────────────────────────── [01:02:00] Blanche Shows Congress the Epstein Co-Conspirator Files — They Are Almost Entirely Blacked Out A congressman said he nearly ran out of black ink in the hallway — the co-conspirator files are so heavily redacted the American people are told nothing about who Epstein worked with. ──────────────────────────────────────── [01:12:00] Trump Wants His Face on the $250 Bill — an 1866 Law Bans Living Persons From Currency, Congress Is Moving to Change It Trump's image already appears on park passes, passports, and federal building banners — visitors covering his face on park passes are warned they'll be invalidated. ──────────────────────────────────────── [01:24:00] UK Bodycam: Police Handcuffed a Stabbing Victim and Let Him Bleed Out for an Hour Henry told officers nine times he could not breathe and four times he had been stabbed — one officer said 'I don't think you have, mate'; he was formally arrested for assault and died before anyone believed him. ──────────────────────────────────────── [01:47:00] Gerald Celente: We Are Already in Stagflation and It Will Become Dragflation — the Global Economy Has Not Recovered From COVID Celente: Germany, France, UK — every major economy declining; Powell denied inflation; Yellen called it transitory; 2020 money printing is the root cause of everything now hitting. ──────────────────────────────────────── [01:58:00] Celente Reads Trump's Iran War Lie Timeline: 'A Whole Civilization Will Die Tonight' — Then Ceasefire — Then Iran Fired Missiles March 7: 'They'll cry uncle.' April 7: 'A whole civilization will die tonight.' Rubio announced ceasefire talks — Iran fired missiles at a US base that night. ──────────────────────────────────────── Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code “KNIGHT” For high quality made in America products go to HomeSteadProducts.shop and use promo code “Knight” for 10% off your purchases Find out more about the show and where you can watch it at TheDavidKnightShow.com If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

──────────────────────────────────────── [00:03:00] AI-Reconstructed Inflation Data: The Dollar Has Lost 81% of Its 1980 Value — Official CPI Admits Only 74% The Reality Index strips hedonic adjustments and owner's equivalent rent: $1 in 1980 now buys 19 cents — official CPI says 26; since COVID alone the loss is 40–50%. ──────────────────────────────────────── [00:15:00] Official Recession Is Two Negative Quarters — We've Had Negative Growth in Almost Every Quarter Since 2022 Brownstone's Jeffrey Tucker: cumulative economic losses since 2020 are already roughly half the entire Great Depression — concealed entirely by manipulated government statistics. ──────────────────────────────────────── [00:25:00] Kevin Warsh Will Measure Inflation With 'Trimmed Mean PCE' — a New Metric That Removes All the Bad Data Knight: the formula has changed eight times in 35 years, always minimizing the true rate of price increases — and Warsh has already announced publicly how he intends to rig it again. ──────────────────────────────────────── [00:38:00] Only 20 S&P Stocks Hit Records — Identical to the Dot-Com Peak When 7 of the 20 Were Internet-Related Bank of America's Hartnett: the market is narrowly focused on one hopium industry producing no revenue — concentration levels almost identical to March 2000, with AI replacing internet stocks. ──────────────────────────────────────── [00:50:00] Trump Drops the $1.776 Billion Slush Fund — But the IRS Immunity Addendum That Saves His Family $100 Million Stays Todd Blanche testified he is 'not moving forward with the fund' — but neither he nor his deputy would put the IRS immunity provision in writing or formally reverse it. ──────────────────────────────────────── [01:02:00] Blanche Shows Congress the Epstein Co-Conspirator Files — They Are Almost Entirely Blacked Out A congressman said he nearly ran out of black ink in the hallway — the co-conspirator files are so heavily redacted the American people are told nothing about who Epstein worked with. ──────────────────────────────────────── [01:12:00] Trump Wants His Face on the $250 Bill — an 1866 Law Bans Living Persons From Currency, Congress Is Moving to Change It Trump's image already appears on park passes, passports, and federal building banners — visitors covering his face on park passes are warned they'll be invalidated. ──────────────────────────────────────── [01:24:00] UK Bodycam: Police Handcuffed a Stabbing Victim and Let Him Bleed Out for an Hour Henry told officers nine times he could not breathe and four times he had been stabbed — one officer said 'I don't think you have, mate'; he was formally arrested for assault and died before anyone believed him. ──────────────────────────────────────── [01:47:00] Gerald Celente: We Are Already in Stagflation and It Will Become Dragflation — the Global Economy Has Not Recovered From COVID Celente: Germany, France, UK — every major economy declining; Powell denied inflation; Yellen called it transitory; 2020 money printing is the root cause of everything now hitting. ──────────────────────────────────────── [01:58:00] Celente Reads Trump's Iran War Lie Timeline: 'A Whole Civilization Will Die Tonight' — Then Ceasefire — Then Iran Fired Missiles March 7: 'They'll cry uncle.' April 7: 'A whole civilization will die tonight.' Rubio announced ceasefire talks — Iran fired missiles at a US base that night. ──────────────────────────────────────── Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code “KNIGHT” For high quality made in America products go to HomeSteadProducts.shop and use promo code “Knight” for 10% off your purchases Find out more about the show and where you can watch it at TheDavidKnightShow.com If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.

Although it's true that many government-driven price hikes in recent years aren't “inflation” in the strict sense, the pain they cause is just as real. Warsh's push to narrow what the Fed counts as inflation—so it can justify even more inflation—is alarming.Read the article here: https://mises.org/mises-wire/warshs-concerning-interest-redefining-inflation2026 is the Year of Rothbard—Murray's 100th birthday—and we're celebrating by giving away free copies of Keynes the Man through June 30. Grab yours today at https://mises.org/gabfreebookBe sure to follow the Guns and Butter podcast at https://Mises.org/GB

More than any single institution, the US Federal Reserve drives global financial markets with its decisions and communications. While its interest rates are set by the 12-member Federal Open Market Committee (FOMC), for almost a century, the Fed's underlying philosophy and operations approach have been moulded by one person: the Chair of the Board of Governors. Over The Chair's eight episodes, Tim Jones talked to authors of books about the Fed's most consequential chiefs – Marriner Eccles, Bill Martin, Arthur Burns, Paul Volcker, Alan Greenspan, Ben Bernanke, Janet Yellen and Jerome Powell. The Powell podcast was meant to be the last. But, after Kevin Warsh took over from Powell on 22 May 2026 and started preparing for his first FOMC meeting as chairman in mid-June, a ninth episode became irresistible. Who is this Republican hawk-turned-dove? As one policymaker among 12, has he over-promised to a volatile president? To discuss Warsh, Tim is joined by three "Fed watchers" – Claire Jones, Michael Redmond and Catarina Saraiva. Claire, who used to “watch” the European Central Bank for the Financial Times, is now the FT's US economics editor and has transferred her monitoring skills to the Fed. Catarina is a 17-year veteran at Bloomberg News, reporting exclusively on the Fed and US economics since 2019. Michael has been Medley Advisors' Fed analyst since 2022, having worked as an economist at the US Treasury and the Kansas City Fed. "I think [Warsh] has upset a lot of people with the criticisms that he's had of the Fed," says Claire Jones. "I think there's just this sense where people are worried because they're thinking: 'What did you have to say in order to get this job? What have you promised to the administration in order to get this job?' So, there's those issues of trust ... However, he is very charming; he's been at the Fed before; he knows how the game is played. So, I don't think that's necessarily entirely insurmountable". Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

In this episode of The Wrap, Chris Whalen reveals bank incomes are up but the real story is the trading side of the house driving earnings, not lending, as deposits grow faster than assets forcing banks into trading operations. He warns private credit default rates have hit a record 6%, nearly 10 times worse than bank default rates, signaling the end of the credit cycle as non-banks now lead lending. Whalen predicts double-digit inflation remains likely, expects QE5 to come despite Warsh's denials since the Fed balance sheet must grow proportionally with federal debt, and argues Fed policy is losing efficacy against external war-driven inflation that raising rates won't fix. He discusses massive housing consolidation and M&A deals coming as mortgage lenders face crushing higher rates, details how private equity is rolling up every service provider imaginable (plumbers, electricians, dentists, oncologists) and "screwing them up terribly," warns TIPS aren't reflecting true inflation, and predicts major housing lender mergers between now and year end. Whalen maintains his thesis that the Fed doesn't control long-term rates and that shrinking the balance sheet would be more effective than raising the Fed funds rate, argues the AI momentum trade is crowded and silly, and expects no action from the Fed in June but potential rate hike language removal from statements. Thank you to our partners at Goldco. Get your free 2026 Gold & Silver Kit at https://goldco.com/thewrap or call 855-573-0817Links:    The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/  The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira847Inflated book (2nd edition): https://www.barnesandnoble.com/w/inflated-r-christopher-whalen/1146303673Twitter/X: https://twitter.com/rcwhalen    Use the code TheWrap2026 for 25% off your first year of The Institutional Risk Analyst https://www.theinstitutionalriskanalyst.com/plans-pricingTimestamps:0:00 Introduction - Bank Income Up, Stocks Sideways01:00 Banks recap5:06 Private credit default rate record 6% - 10x worse than banks6:14 Who's most exposed to private credit losses?7:36 Reversal in low rate environment impact9:39 Kevin Warsh and Fed balance sheet strategy10:01 Double-digit inflation still likely?10:40 What were worst impacts of QE?11:00 Housing was the headline impact of QE12:43 Fed housing subsidy went outside their mandate12:51 Fed is progressive institution out of control13:49 We may be closer to QE5 than Bessent knows15:05 Fed balance sheet must grow with federal debt16:04 New leadership - what about Fed funds rate?16:18 Potential for cut or hike?18:06 Base case still stagflation?20:12 Private equity excess cash looking for yield22:10 Politics of housing affordability daunting23:35 Viewer questions - TIPS24:26 Municipal bond default risk 26:24 Why higher inflation won't drive down gold28:42 AI craziness - momentum market29:31 Trump wanted cuts but prospects disappearing29:54 June FOMC - don't expect action31:20 Fed balance sheet more important than Fed funds rate33:11 Next week - bank report Monday

More than any single institution, the US Federal Reserve drives global financial markets with its decisions and communications. While its interest rates are set by the 12-member Federal Open Market Committee (FOMC), for almost a century, the Fed's underlying philosophy and operations approach have been moulded by one person: the Chair of the Board of Governors. Over The Chair's eight episodes, Tim Jones talked to authors of books about the Fed's most consequential chiefs – Marriner Eccles, Bill Martin, Arthur Burns, Paul Volcker, Alan Greenspan, Ben Bernanke, Janet Yellen and Jerome Powell. The Powell podcast was meant to be the last. But, after Kevin Warsh took over from Powell on 22 May 2026 and started preparing for his first FOMC meeting as chairman in mid-June, a ninth episode became irresistible. Who is this Republican hawk-turned-dove? As one policymaker among 12, has he over-promised to a volatile president? To discuss Warsh, Tim is joined by three "Fed watchers" – Claire Jones, Michael Redmond and Catarina Saraiva. Claire, who used to “watch” the European Central Bank for the Financial Times, is now the FT's US economics editor and has transferred her monitoring skills to the Fed. Catarina is a 17-year veteran at Bloomberg News, reporting exclusively on the Fed and US economics since 2019. Michael has been Medley Advisors' Fed analyst since 2022, having worked as an economist at the US Treasury and the Kansas City Fed. "I think [Warsh] has upset a lot of people with the criticisms that he's had of the Fed," says Claire Jones. "I think there's just this sense where people are worried because they're thinking: 'What did you have to say in order to get this job? What have you promised to the administration in order to get this job?' So, there's those issues of trust ... However, he is very charming; he's been at the Fed before; he knows how the game is played. So, I don't think that's necessarily entirely insurmountable". Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Jon Hartley discusses the confirmation of Kevin Warsh as the new Federal Reserve Chairman, bringing a hawkish reputation focused on reducing the Fed's expanded balance sheet. Warsh advocates for a return to principles linking money growth directly to inflation control. (3)1799

SCHEDULE THE JOHN BATCHELOR SHOW, 5-27-26.APRIL 1900 OTTAWA.Cliff May discusses the deepening crisis in Cuba, where extreme food and electricity shortages have led officials to describe it as a failing state. However, the regime has reportedly received hundreds of attack drones from Russia and Iran, posing a new offensive threat to U.S. interests in the Caribbean. (1)Cliff May examines the empty pageantry of the Trump-Xi summit in Beijing, where the high-profile ceremony produced no major deals regarding trade or artificial intelligence. Xi Jinping made no concessions on human rights issues, such as the persecution of Christians or the Uyghurs. (2)Jon Hartley discusses the confirmation of Kevin Warsh as the new Federal Reserve Chairman, bringing a hawkish reputation focused on reducing the Fed's expanded balance sheet. Warsh advocates for a return to principles linking money growth directly to inflation control. (3)Jon Hartley proposes a new agreement modeled after the 1951 Accord that would separate the missions of the Federal Reserve and the Treasury. Under this plan, the Fed would focus strictly on short-term rates and price stability rather than long-term debt management. (4)Captain James Fanell analyzes the Balikatan military exercise, which featured 17,000 troops and, for the first time, combat forces from Japan participating in counter-invasion training. The drills demonstrated the capacity of allied nations to successfully target and strike enemy vessels at sea. (5)General Blaine Holt discusses Russian hypersonic threats and the shift to asymmetric drone warfare, noting Russia's threats of using weapons of mass destruction against Kyiv to warn European leaders against further intervention. Meanwhile, low-cost drone technology is proving to be an asymmetric force that renders expensive, multi-million dollar military systems obsolete. (6)Charles Burton examines Canada's controversial economic pivot toward China, where Prime Minister Mark Carney is pursuing a strategic partnership that includes non-public security agreements and the reduction of tariffs on Chinese electric vehicles. Critics warn these moves compromise Canadian sovereignty and allow for significant Chineseinfiltration. (7)Charles Burton and Gordon Chang analyze China's strategic gain from prolonged conflict in the Middle East, with Beijing appearing content to allow the conflict in the Strait of Hormuz to drag out as a way to deplete U.S. military resources. This instability supports China's narrative that the United States is a declining power. (8)Michael Bernstam discusses the impact of Ukrainian drone strikes on the Russian oil market, noting that strikes on refineries and ports have forced Russia to export more crude oil at discounted prices instead of high-value refined products. Simultaneously, U.S. oil production has hit record levels, significantly influencing global market prices. (9)Michael Bernstam examines the failure of Russia's Power of Siberia 2 pipeline deal, as Vladimir Putin left Beijingwithout securing the agreement while China shows no immediate need for the gas. Furthermore, China demanded to pay domestic Russian prices, which would yield no profit for Moscow. (10)Bob Zimmerman discusses the success of SpaceX's Starship 12 test, which demonstrated major design improvements, while NASA has effectively ended Boeing's role in manned missions to the ISS. NASA awarded all manned flights through 2030 to SpaceX, leaving Boeing out of the picture. (11)Bob Zimmerman reports that the Webb telescope has detected weather variations, including morning clouds, on a distant exoplanet. Additionally, images from Mars show parallel ridges that suggest a history of climate cycles and the presence of significant near-surface ice. (12)Craig Unger argues that Donald Trump has been a Russian intelligence asset since 1987. He highlights how Trump's first trip to the Soviet Union was followed by advertisements in U.S. newspapers featuring KGB talking points. (13)Craig Unger discusses U.S. unreliability and the future of the NATO alliance, noting that under Trump, the United States is seen as an unreliable partner by allies like Finland, who fear he will not honor Article 5. This lack of reliability forces European nations to consider whether they can emerge as a self-sufficient military power. (14)Judy Dempsey examines how the ongoing conflict between the U.S. and Iran distracts from Russian aggression in Ukraine and causes economic sluggishness in Germany. European allies feel jaundiced by the lack of consultation from the U.S. regarding Middle East diplomacy. (15)Judy Dempsey discusses how the AfD has become Germany's leading political party by capitalizing on public anger over housing shortages and the government's handling of the wars in Iran and Ukraine. The party represents a growing threat to the established political order in Europe. (16)

Trump welcomes new Fed Chair Kevin Warsh with a not-so-subtle public warning: “You better lower the rates.” We break down Warsh's razor-thin confirmation, the battle between supply-siders and Keynesians, and why markets are betting on hikes while Trump wants cuts before 2026.

Are semi stocks outperforming at the expense of the Mag 7? We'll debate and look at how long that can continue. Plus, Komal Sri-Kumar joins us with his thoughts on Kevin Warsh's first move as Fed Chair. And we dig into the SpaceX IPO and its impact on the benchmarks with a market structure expert. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Bitcoin is bleeding as a single whale dumped $1.29 billion of BlackRock's IBIT in a dark pool trade, pushing spot ETFs into a seven day outflow streak totaling $2.26 billion over two weeks. CryptoQuant's demand gauge just collapsed to its worst level since December and the Coinbase Premium has gone negative, proving this rally was leverage driven with no real spot bids underneath. We're breaking down whether BTC defends $75K or rolls over to new lows, what Warsh's hawkish pivot means for risk assets, and why the smart money is suddenly running for the exits. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets have moved on from Iran and instead have their full focus on AI, says Matthew Tuttle. After many tech stocks made parabolic moves, Matt urges investors to not chase those intense rallies and instead find underappreciated parts of the sector. He then turns to macro discussions in the U.S.-Iran War and Kevin Warsh's new conundrum as Fed Chair as inflation woes climb.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Preview for Later Today: Liz Peek examines new Federal Reserve Chairman Kevin Warsh's mission to reform the institution. Warsh, mentored by Alan Greenspan, aims to avoid the perceived political mistakes and inflationary missteps of his predecessor, Jay Powell.1917 FEDERAL RESERVE BOARD

The episode argues that Jerome Powell's decision to remain a Fed governor and keep his vote through January 2028—breaking 78 years of precedent since Marriner Eccles—is a warning about Kevin Warsh's promised "regime change" at the Federal Reserve and growing political pressure on monetary policy. It connects this to historical parallels (the 1951 Treasury-Fed Accord and the Nixon–Burns era inflation) and claims JP Morgan's billionaire clients are shifting heavily into alternatives and underweighting the US dollar. The host outlines three suggested actions: move idle cash to high-yield savings, build defensive hedges (including precious metals and credit lines), or pursue inflation-arbitrage via fixed-rate leveraged rental real estate. The second half describes "exit tax" style policies targeting homeowners and movers in five states—New Jersey, Massachusetts, Washington, California, and New York—and says six more states are drafting similar measures.

Viewpoint This Sunday with Malcolm Out Loud – Justice Clarence Thomas swore in Kevin Warsh as the new Fed chair. With energy prices and higher inflation, how can Warsh navigate and reform the Fed? with Economic Strategist David Tice, Energy Expert Todd Royal, and author of the Affordability series, Daniel Baranowski. Evangelist Dr. Alveda King will join us and remind us that Freedom Carries the...

P.M. Edition for May 22. The Journal is exclusively reporting that Russia and China have been building out their operations to spy on the U.S. from Cuba. National security reporter Alex Ward discusses what this means for the U.S. as it escalates its pressure campaign on Havana. Plus, Kevin Warsh was sworn in as Federal Reserve chair at the White House today. We tell you what President Trump had to say about the central bank's independence, and what the Fed should prioritize under Warsh's leadership. And Director of National Intelligence Tulsi Gabbard becomes the latest Trump administration official to leave her post. Alex Ossola hosts.  Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets higher today, and the Dow setting a fresh record, as Kevin Warsh is sworn in as the next Fed Chair. We dig into the moves, and how the central bank is positioning its policy under the new head. Plus we're all waiting for OpenAI to file to go public. What one top VC sees in store from the slew of incoming IPOs. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Leslie Picker, and Michael Santoli kicked off the hour with fresh consumer data and Fed commentary - before breaking down the broader market outlook with MetLife's Chief Market Strategist. Plus: the tech stocks worth taking a look at here - with T. Rowe Price's Dominic Rizzo, and a discussion of why SpaceX should be seen as more than just a rocket company (according to an early investor in the firm).    Elsewhere this hour: all eyes on Washington ahead of Kevin Warsh's swearing in ceremony as the next Fed chair... Former Minneapolis Fed President Narayana Kocherlakota joined the team with his take on the action - and what's next.    Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Leslie Picker and Michael Santoli discussed market momentum: The Dow hitting a fresh record high, the S&P 500 on track for an 8-week win streak for the first time since 2023. Which names are riding the rally — and which ones are missing out? AMD shares rose after CEO Lisa Su announced the company's plans to ramp up chip production in Taiwan. The anchors explored a new era at the Fed ahead of Kevin Warsh being sworn in as head of the central bank by President Trump. SpaceX IPO watch: Two banks set to benefit from the massive offering — while Elon Musk marches toward trillionaire status. Also in focus:  Workday jumps, Take-Two slumps, gasoline prices at 4-year highs heading into the holiday weekend.   Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

SCHEDULE OF THE JOHN BATCHELOR SHOW, 5-19-2026.DECEMBER 1931.Elizabeth Peek discusses the confirmation of Kevin Warsh as Federal Reserve Chairman during a time of economic strength and high energy prices. Warsh, an inflation hawk, is expected to maintain current interest rates. (1/16)Elizabeth Peek analyzes the Trump-Xi summit, noting China's economic "shambles" and demographic crisis. She argues that the U.S. remains the dominant global power in energy, AI, and overall economic strength. (2/16)Jack Burnham assesses the Beijing summit's stalemate on trade and technology. He details Taiwan's $25 billion appropriation for U.S. weapons, highlighting delivery delays within the U.S. defense industrial base for legacy systems. (3/16)Jack Burnham focuses on China's history of unfulfilled trade promises regarding agricultural and energy products. Despite U.S. export controls, Chinese firms continue to acquire advanced Nvidia chips through illicit smuggling routes. (4/16)Andrea Stricker examines the NPT review amidst Middle East conflict. She details friction between nuclear-armed states and those seeking peaceful enrichment, noting the lack of arms control dialogue between the U.S., Russia, and China. (5/16)Andrea Stricker reviews the role of military force, specifically by the U.S. and Israel, in enforcing the NPT against defiant states like Iran. The UN chair seeks a concise consensus document by avoiding contentious issues. (6/16)David Daoud and Bill Roggio discuss how Hezbollah's drone use has hampered IDF operations in South Lebanon. The conflict has entered a predictable phase, complicating efforts for a permanent, genuine peace. (7/16)Bill Roggio and David Daoud explore the profound impact of low-cost FPV "silent killer" drones on the battlefield. These weapons challenge traditional military mobility and require new countermeasures at the squad level. (8/16)Gregory Copley assesses the Trump-Xi summit, characterizing China as a declining power that showed extreme respect to Trump. He argues the visit was a strategic move aimed at fracturing the Sino-Russian alliance. (9/16)Gregory Copley describes the "double blockade" in the Strait of Hormuz and Iran's untenable demands. He argues the U.S. must decide whether to target Iranian infrastructure or leadership to resolve the regional security crisis. (10/16)Gregory Copley analyzes the unpopularity of Prime Minister Keir Starmer and internal challenges from rivals like Andy Burnham. The UK faces high taxes, labor unrest, and a socialist agenda that angers the public. (11/16)Gregory Copley discusses King Charles III's delivery of the government's legislative agenda. While the King serves as the guardian of the constitution, the government's socialist policies face significant public and parliamentary resistance. (12/16)Dr. Henry Miller criticizes the anti-vaccine stances of cabinet officials, calling it "statistical murder." He argues for maintaining mandates to ensure herd immunity and protect vulnerable populations against diseases like COVID. (13/16)Henry Miller describes a "tour de force" at MIT where AI is used to discover new molecules to fight antibiotic resistance. This technology identifies structures that kill pathogens like staphylococcus and gonorrhea. (14/16)Kevin Frazier explains the shift from "doomer" vs. "accelerationist" labels to more nuanced AI policy. He highlights the cybersecurity risks posed by advanced models like Mythos and the vulnerability of national infrastructure. (15/16)Kevin Frazier argues that any mandatory AI vetting must originate from Congress, as the President lacks the constitutional authority. He suggests deepening technical expertise and maintaining voluntary cooperation with AI labs. (16/16)Note: corrected "Kevin Fraser" → Kevin Frazier (matching prior thread usage).

Elizabeth Peek discusses the confirmation of Kevin Warsh as Federal Reserve Chairman during a time of economic strength and high energy prices. Warsh, an inflation hawk, is expected to maintain current interest rates. (1/16)1966 ALABAMA

While US and Chinese leaders exchanged niceties in Beijing, bond markets were selling off hard. Thirty-year Treasury yields hit their highest level since 2007, inflation prints came in hot, and the Strait of Hormuz started looking like a live test of Bitcoin as money for enemies.

A Beijing welcome, Warsh confirmed, anti-fraud task force in action, and a national jubilee.  Plus, the Message of the Day, why Secretary of State Marco Rubio is the 2028 frontrunner. Learn more about your ad choices. Visit megaphone.fm/adchoices