🚨 THE FED GAME JUST FLIPPED — AND MARKETS ARE NOT READY.
Kevin Hassett is now positioned to become the shadow Fed Chair for the next five months — and traders are bracing for one of the most politically charged transitions in decades.
Here is what investors are suddenly pricing in:
⚡ Hassett’s odds exploded after Bloomberg and betting markets pushed him far ahead of Waller
⚡ A potential 5–2 Trump-aligned majority inside the Fed Board
⚡ A push for massive rate cuts (2–3%), even with inflation still above target
⚡ A real risk of a more politicized Fed influencing monetary direction
⚡ A possible renewed dollar sell-off as markets digest the shift
This is not a normal transition.
This is five months of a nominee whose every word could move markets, shift rates expectations, and inject volatility across global assets.
If Hassett really becomes the next Fed Chair, the next phase of U.S. monetary policy may be faster, more aggressive, and far more unpredictable than Wall Street is prepared for.
Stay alert — this story is far from over.
