Wall Street woke up Monday to a familiar summer ritual: the Fed is expected to do very little, Nvidia is doing entirely too much, and investors are pretending this is all perfectly normal. The result is a market narrative with just enough…
Scott Bessent is betting that America’s inflation problem is about to go from front‑page headline to back‑page footnote just as Kevin Warsh takes the helm at the Federal Reserve—and he sounds almost cheerful about it.
A New Fed Chair, A New Inflation…