Markets reacted quickly to the nomination of Kevin Warsh as the next Fed Chairman, but the bigger story lies beyond the headlines. This week on the Basis Points podcast, Kevin Flanagan weighs Warsh’s Fed background, policy instincts and what a balance-sheet-focused Fed could mean for bonds.
Basis point: 1/100th of 1 percent.
Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now
Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary
