Warsh Faces a Real Fed Test as Oil Risks Build

Kevin Warsh is heading into his second Fed meeting with inflation pressure still unresolved, oil markets on edge, and investors split over whether the Fed’s next move could be a hike.

Chuck Zodda and Mike Armstrong break down why new tariffs may be less important for the broader economy than the expanding conflict in the Middle East, how oil routes through Hormuz and the Red Sea could affect energy prices, and why higher long-term Treasury yields may be the real threat to stocks. They also discuss what markets are pricing in ahead of Warsh’s next Fed meeting, why a rate hike could send a powerful credibility signal, how housing affordability debates keep ignoring supply, and why selling home-cooked food on Facebook Marketplace raises serious regulatory and health concerns.