Warsh's Hawkish Tilt Contributes To Weakness On Wall Street
(RTTNews) - After seeing considerable volatility early in the session, stocks moved mostly lower over the course of the trading day on Friday. The major averages all moved to the downside on the day, partly offsetting the strength seen in the previous session.
(RTTNews) - After seeing considerable volatility early in the session, stocks moved mostly lower over the course of the trading day on Friday. The major averages all moved to the downside on the day, partly offsetting the strength seen in the previous session.
BELLINGS Intelligence Score: 65
Why it matters
Kevin Warsh's hawkish tilt is a significant monetary-policy signal that influences market expectations and credit conditions, directly affecting borrowing costs and risk pricing for sophisticated credit professionals.
Sources
Nasdaq
Warsh's Hawkish Tilt Contributes To Weakness On Wall Street
(RTTNews) - After seeing considerable volatility early in the session, stocks moved mostly lower over the course of the trading day on Friday. The major averages all moved to the downside on the day, partly offsetting the strength seen in the previous session.