While I’m waiting for the madness of crowds to wear off…some humor.
OK first, what a douchebag. Like, you are purposely causing large moves that affect people’s lives as a joke. I’d like to hook this guys balls up to my car battery and turn on the juice.
Re:Warsh
Yes, he really did. During his highly anticipated August 28, 2026 keynote speech at the Jackson Hole economic symposium, Federal Reserve Chair Kevin Warsh purposefully opened by talking about nature hikes.
The Real Intent Behind the “Hikes” Talk
While Wall Street investors and algorithmic trading systems were listening for clues about interest rate hikes, Warsh deliberately used the word “hike” three times in his opening minutes to describe actual treks in the mountains. He used the wordplay to set a tone for his new regime at the Fed: [1, 2]
What a dick.
Humor
Money Supply has expanded for 37 consecutive months.
Its growing at 6pc annually.
That is essentially the rate of currency debasement.
Nominal Rates are well below that.
So we still have VERY LOOSE monetary policy.
The REAL RATE OF INTEREST IS NEGATIVE.
He has indicated his awareness of that.
He’s warning that this can’t last.
There is no escaping the pain.
HE IS TRUMPS MAN….SO THERE WILL BE NO HIKES BEFORE 2027
THIS ANALYSIS CAME FROM JEFF CHILDERS THE OTHER DAY
I THINK IT WAS BRILLIANT FROM WARSH
HE IS TRYING TO DEFEAT THE ALGORITHMS
HE DOESNT THINK THE FED SHOULD BE TELEGRAPHING MOVES BECAUSE ONLY THE POWERFUL TRADERS WITH THEIR ALGORYTHMS BENIFIT
THIS WAS A STROKE OF GENIOUS AND THAT IS HOW JC PRESENTED IT
Warsh plans on serving up bitter medicine.
But I don’t expect cold turkey.
Clearly, he’s not going to disclose his plans.
But its bound to be a bumpy road. (And not one of his own making or choosing)
Hopefully not the same one Thelma and Louise chose to take.
But even he can’t know where the potholes will be.
OK, if he wanted Algos to short it, and then revalues gold to 20K next month, I won’t fry his balls….