Opinion: Wall Street can’t get a deal with on Kevin Warsh. Expect a risky market till it does. | Invesloan.com

If the stock market’s reaction to Kevin Warsh is any guide, it’s going to be a bumpy ride for investors over the next few months.

Warsh is President Donald Trump’s choice to succeed Jerome Powell as chair of the Federal Reserve after Powell’s term ends in May. Warsh commands a reputation as an inflation hawk and a hater of quantitative easing, so his nomination serves as another test of the Fed’s independence.