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From Forward Guidance To Market Guidance: Warsh's Reflexive Wrecking Ball?

From Forward Guidance To Market Guidance: Warsh's Reflexive Wrecking Ball? Authored by Nohshad Shah, Citadel Securities EMEA Head of Fixed Income, The Fed sounds hawkish... but markets are testing the reaction function Chair Warsh was unequivocal that there is “no soft inflation target”, that five-plus years of above-target inflation cannot be cured by nine weeks of better data, and that this Fed “will not waver”. Yet despite that language…and three members preferring an immediate hike…the FOMC again declined to move. Warsh instead repeatedly highlighted the large rise in nominal and real Treasury yields since June,...
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May 19, 2026 / Tyler Durden
Multiple States Begin Ejecting Illegal Immigrants From Subsidized Healthcare
Multiple States Begin Ejecting Illegal Immigrants From Subsidized Healthcare The political left often betrays their true agenda in the legislation they choose to oppose.  The SAVE Act, for example, would require proof of citizenship to vote in US elections; a law which the majority of countries around the world enforce.  It's widely supported by around 80% of the public, yet, Democrats stubbornly refuse to pass it.   Why?  Because they know there are illegal immigrants voting in their favor, and they know that mail-in ballot fraud exists and often benefits them.  By extension,...
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Jul 2, 2026 / Dave DeCamp
No End in Sight To Israel’s Genocidal Conquest of Gaza After 1,000 Days
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Feb 23, 2026 / Dave DeCamp
US Withdrawing from Base in Northeast Syria, Transferring Equipment to Iraqi Kurdistan
The US has begun withdrawing from a key base in northeastern Syria as part of a drawdown that could lead to a full withdrawal of US troops from the country. Iraqi and Syrian officials told The Associated Press that the US has been removing forces and equipment from the Qasrak base in Syria’s northeastern Hasaka […]
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