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Trump to announced FED Chair today : Warsh now ? / Momentum trades kicked, metals, MSFT !! into month-end

  • Writer: Stéphan
    Stéphan
  • 1 day ago
  • 3 min read

  • Is it for today ?.. Donald Trump is set to nominate Kevin Warsh as the next Fed chair, people familiar said. The president plans to announce his pick today, other contenders include Kevin Hassett, Christopher Waller and Rick Rieder. Stocks fell along with Treasuries on speculation Warsh, an historically hawkish former Fed governor, will lead the central bank. The dollar extended gains, while gold dropped >>> Warsh nomination could well have a decent impact on markets, and further flush USD shorts and risk-on trades, IF confirmed >>> beware, and it's month-end, after a month of massive momentum trades..

  • Markets : It's not often you see a MEGA cap like MSFT losing over 10% in a day (in fact it's never happened..), APPL a beat 'what else', META investigation over WhatsApp, Amazon is said to be in talks to invest up to $50 billion in OpenAI (more circular deals), SpaceX merger talks,. Trump says Europe is weak, the data says NOPE (Thread) >>> MSFT mainly (and SAP earlier, UNH etc) the trigger for a 'cross asset flush' into month-end ! (timing, positioning is the key..) >>> when margin calls kick in with 'hot momentum trades', IMHO a welcome short-term flush in precious metals, and MAG7 and the PLTR of this world are well overdue a decent correction (circular deals, more debt, higher costs etc), BTC another leg lower too, month-end flows could be quite interesting today! no-one can complain that there is no volatility ! what a start to 2026

  • Commods : ALU used to cost the same in the U.S as it did in Europe (no longer..nope), Copper up here will ADD, Copper move could add up to 1% in U.S core CPI >>> ''a welcome sell-off into month-end after an absolutely WILD Jan..''

  • Geopolitics : Trump said Vladimir Putin agreed to halt the bombing of Ukraine as the country prepares for an extreme cold snap

  • Trade : The US president warned the UK and Canada against striking new business deals with China, after their leaders visited Beijing this month in an effort to deepen ties












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