Featured Market Data
Washington D.C. Impacting Markets
Financial markets appear to be increasingly impacted by developments in Washington D.C. Fixed income and equity markets finished higher for the month despite periods of elevated volatility. While there were multiple important headlines surrounding the Fed in January, Trump’s nomination of former Fed Governor Kevin Warsh as the next Fed chair is gaining significant market attention. The new Chair will likely enter dovish on short-term rates, but he will need to convince the Committee. As such, rate cuts may not be imminent in the June meeting as the economy has remained resilient and fiscal stimulus should be supportive of growth. The fixed income market remains reasonably attractive in our view as the curve is not pricing in an aggressive path to lower rates.
Source: FactSet, As of 1/30/26
