Markets Just Flipped the Script on Kevin Warsh's Fed: Chart of the Day The market has spoken, and it seems to be saying something entirely different from what Federal Reserve Chairman Kevin Warsh said just two weeks ago.
In a sudden reversal that has left many wondering if we're witnessing a fleeting anomaly or a genuine shift in the economic landscape, Wall Street has become unusually loose.
The Bloomberg gauge of US market conditions, which measures the ease or difficulty of taking risk and raising money on Wall Street, has reached its easiest level since 1996.