Has Trump 'designated' hawk Warsh? Gold plummets, Wall Street holds its breath waiting for the 'tapering' storm
The wind has shifted.
While the market was still immersed in the frenzy of the 'gold price parabola', a heavy personnel news from Washington instantly tightened the nerves of global traders to the extreme.
Beijing time tonight (Friday), Trump will officially unveil the next Federal Reserve Chair candidate. And all signals currently point to a name that makes the bulls shudder—Kevin Warsh.
1. 95% probability: The hawk returns
According to the latest data from the prediction market Polymarket, the probability of Warsh being nominated has soared to 95%.
According to multiple foreign media confirmations, Warsh personally went to the White House yesterday to meet with Trump and left a 'deep impression'.