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Back Fundamental analysis
Market spooked by Trump's Fed chair pick
Donald Trump's selection of a new
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Donald Trump's selection of a new Fed chair hit the equity market harder than Apple's positive corporate report. The company delivered stronger?than?expected quarterly sales and more bullish 2026 guidance. Revenue jumped by 16% to $143.8 billion on robust demand for the iPhone 17. Nevertheless, Kevin Warsh at the helm of the Fed painted a rather gloomy picture for the S&P 500. The former FOMC governor intends to shrink the Fed's balance sheet and lower rates. In his view, AI technologies allow
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
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Igor Kovalyov
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