Kevin Warsh Is Walking Into A Bond Market Trap
2026-05-26 03:12:42 ET
Executive Summary
To be honest, I am pretty sure that I would hate to be in his position. Kevin Warsh took over the Federal Reserve. The job is really tough. There will always be someone who will criticize every decision you make. That will not change. However, the timing does not look like it will help either. He has been given the steering wheel during one of the most tumultuous macro environments in decades. The road is slippery. Visibility is poor. Everyone is yelling directions at him....
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