Here is an interesting item from Bloomberg, with 5 bond market veterans urging investors to be wary of leaping on board the first wave of trading after President Donald Trump announces his pick for the next chair.

  • Initial market reactions to a Fed nominee don't always last
  • The Fed is like a slow-moving cruise liner, so don't expect radical changes fast
  • Bond traders can send a strong message to the Fed and alter its course
  • You really don't know a Fed chair's worth until they face their first crisis

Article is here for more

Yeah, OK then.

For traders though, by all means jump on the first wave, and the others following, K?