Fewer Fed Meetings Could Fuel Market Volatility

Bloomberg This Weekend discusses a New York Times report that Fed Chair Kevin Warsh is considering reducing the number of policy meetings. Mike McKee and Jonathan Golub warn that fewer meetings would increase uncertainty, spike volatility, and lower equity and bond values. Golub separately highlights historically strong broad corporate earnings outside of tech, painting a bullish stock outlook. The conversation also touches on widening credit spreads, AI capital-raising risks, and internal Fed leanings toward rate hikes. - Report: Fed Chair Kevin Warsh may cut the number of FOMC meetings. - Jonathan Golub warns fewer meetings would increase uncertainty, volatility, and reduce asset values. - Mike McKee questions the rationale and timing of procedural changes while inflation remains high. - Golub highlights the current earnings season as the strongest ever, driven by banks and energy. - Credit spreads recently widened, signaling greater market risk and negative for stocks. - Heavy AI infrastructure capital raising may strain corporate credit markets. - Six FOMC members are leaning toward potential rate hikes, adding near-term uncertainty.