The Fed Chair nomination drama is heating up. Word on the street? An announcement could drop as early as December 2nd or 3rd.

Kevin Hassett's dominating the race—prediction markets have him at roughly 80%, absolutely crushing Kevin Warsh who's barely scraping 9%. That gap? Brutal.

Here's the kicker: Hassett's odds skyrocketed about 20 points right after recent presidential remarks. The market's clearly reading the signals. This pick's gonna shake up monetary policy expectations hard—and we all know what that means for risk assets.