#FedLeadershipImpact The nomination of Kevin Warsh as the next Federal Reserve Chair marks a significant shift in market expectations. Known as a monetary hawk, Warsh’s policy orientation signals tighter future liquidity conditions, emphasizing balance sheet discipline and fewer emergency interventions. While markets reacted sharply at first, the deeper analysis shows a transition phase, not a collapse, across crypto, equities, and global liquidity flows.
1. Immediate Market Reaction: Short-Term Shock
When Warsh’s nomination became public, investors repriced risk across all major markets:
Cry