The new Fed chair Kevin Warsh, like Kevin McCallister in Home Alone, faces a lonely vigil: survive until the adults get home again. The latest on inflation, rising Treasury yields, shrinking equity risk premia and pressure from the White House. Also: investing in China’s home-grown AI ecosystem, and the predation in prediction markets.
Watch the video

Eye On The Market

Michael Cembalest

Home Alone: inflation and the new Fed chair; investing in China’s AI ecosystem; Prediction markets

MAY 26, 202627 MIN
Eye On The Market

Home Alone: inflation and the new Fed chair; investing in China’s AI ecosystem; Prediction markets

MAY 26, 202627 MIN

Description

The new Fed chair Kevin Warsh, like Kevin McCallister in Home Alone, faces a lonely vigil: survive until the adults get home again. The latest on inflation, rising Treasury yields, shrinking equity risk premia and pressure from the White House. Also: investing in China’s home-grown AI ecosystem, and the predation in prediction markets. Watch the video