What the Warsh Fed Means for Markets
What’s in Today’s Report:
- What the Warsh Fed Means for Markets (Hawkishness vs. Uncertainty)
Futures are bouncing solidly as markets further digested new Fed Chair Warsh’s press conference and after the U.S. and Iran signed the ceasefire agreement.
New Fed Chair Warsh injected uncertainty into Fed operations/policy, but there were no substantial changes made yet and that’s helping stocks rebound this morning.
Geopolitically, the U.S. and Iran signed the ceasefire, two days earlier than expected, ending the conflict.
Today focus will return to economic data and the key reports today are: Jobless Claims (E: 225K), Philly Fed (E: 10.0) and Leading Indicators (E: 0.1%). Given rising hawkish Fed concerns, the more Goldilocks the data (solid activity/low prices) the better for markets.
Sevens Report Alpha Webinar: Updated Macro Outlook (Post Iran War)
Yesterday marked the first Fed decision under Chair Warsh, while markets continue to digest a rapidly changing outlook for rates, inflation, and growth. At the start of the year, investors expected rate cuts, easing inflation, and steady economic growth. Today, the conversation has shifted toward the possibility of no rate cuts, persistently elevated inflation, and a hotter-than-expected economy.
In today’s Alpha Webinar, we will break down what the latest Fed decision means for markets, assess the current outlook for inflation and growth, and outline the key bullish and bearish scenarios investors should be considering as we enter the second half of 2026. If you want a clearer understanding of the macro forces likely to drive stocks and bonds in the months ahead, this is a webinar you will not want to miss. Learn more and register here: Sevens Report Alpha