Arqaam's Meijer Says Markets Won't Like Warsh Appointment

The video discusses the succession plan at Nomura, focusing on the trajectory of US 2-year paper and potential changes in the Federal Reserve chair. Concerns are raised about market reactions to possible replacements for Janet Yellen, particularly Kevin Walsh, due to his past disagreements with monetary policy. The discussion includes potential candidates like Powell and Kashkari, highlighting the uncertainty and impact of fiscal stimulus on interest rates.

What is the main focus of Nomura's succession plan as discussed in the video?

• The impact of different Fed chair candidates on US 2-year paper

• The future of US fiscal policy

• The influence of technology on financial markets

• The role of international markets in US economic recovery

Why might the markets be concerned about Kevin Walsh as a potential Fed chair?

• His support for aggressive monetary policy

• His past disagreements with easy monetary policy

• His lack of experience in financial markets

• His focus on international economic issues

What is a potential consequence of replacing Janet Yellen with another candidate, according to the video?

• Immediate market stability

• Decreased interest rates

• A year-long adjustment period for markets

• Increased international trade

How might the appointment of Powell as Fed chair affect the market?

• It could lead to higher market volatility

• It might cause the market to drift lower

• It would result in immediate economic growth

• It could stabilize international trade

What combined factors could lead to sharper rate increases according to the video?

• International market trends and a new Fed chair

• Technological advancements and fiscal stimulus

• A new Fed chair and fiscal stimulus

• A new Fed chair and international trade agreements