Kevin Warsh’s leadership at the Fed has proven to be a sharp contrast to Jerome Powell’s, says Clayton Allison. He says the FOMC has “a lot less handholding” and a keen reliance on current data. As the Fed readies to make its decision on interest rates, Clayton expects inflation and gas prices to play a pivotal role in the direction of rates. In equities, he explains how investors can diversify their portfolios as indexes lean more into tech names.
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