The new Fed chair, Kevin Warsh, just took office — and the timing couldn’t be worse.


CPI came in at 3.8%, a 3-year high. Core CPI hit 2.8%, an 8-month high. Real wages just turned negative again.
Cut rates? Dollar dumps and markets panic.
Hike rates? Political pressure explodes.
Do nothing? Still gets blamed.
Right now, rate cuts in 2026 look unlikely, while odds of a hike by December are rising fast.
That’s why I’m not rushing to buy risk assets yet. Until inflation cools and the Fed signals easing, real reversal talk is premature.
This is a volatility-driven market now. Traders with a system survive. Traders without one get trapped on both entry and exit.
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