It Doesn’t Matter What Kevin Warsh Has to Say: John Authers

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Today’s Points:

• Kevin Warsh will say the Fed stretched its credibility “to the very edge of, if not beyond” its statutory responsibilities.
• Old-line Japanese manufacturers are far outperforming the likes of Nvidia.
• One survivor of the Iran war — Bitcoin.
• Tim Cook is standing down as Apple’s CEO in favor of John Ternus.
• AND: John Oliver on prediction markets.

We Need to Talk to Kevin...

Kevin Warsh is about to face the Senate in confirmation hearings that will determine whether he is appointed to chair ...