Tag: @ES26M
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Warsh experiences worst ‘Fed day’ S&P 500 performance for a new chair since 1994
The S&P 500 tumbled more than 1% in Wednesday’s session, with losses steepening during Warsh’ innagural press conference as chair.
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Kevin Warsh’s Fed is not expected to make any change to rates for a while, according to CNBC Fed Survey
The survey respondents do expect the Fed at this week’s meeting to remove the easing bias in the statement that has signaled the Fed’s next move would likely be a cut.
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The last time the S&P 500 rose this rapidly — outside of recession periods — was before the 1987 crash
There are some big dislocations in the stock market that are worrying investors.
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