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RiskReversal Pod

How Will The Market Test Future Fed Chair Kevin Warsh?

RiskReversal Pod

RiskReversal Media

Business News, News, Investing, Business

4.7836 Ratings

🗓️ 2 February 2026

⏱️ 58 minutes

🧾️ Download transcript

Summary

Dan Nathan and Guy Adami break down the market moves following Kevin Warsh's Federal Reserve Chair appointment, the shocking gold selloff, silver's collapse, and why Bitcoin can't break out despite the crypto-friendly administration. After the break, Jen Saarbach & Kristen Kelly join the guys to discuss the decline in the US dollar, market sentiment and Gen Z's proclivity for gambling. Checkout these articles mentioned Hedge Funds Are Back on Top After a Long ‘Alpha Winter’ (WSJ) Companies rush to refinance as credit looks good (Axios) Gen Z is playing the economy like a casino (Axios) —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Transcript

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0:48.3

To explore more about IConnections, its events, and gain access to the members-only platform, visit iConnections.io. Welcome to the Risk Reversal podcast. I am Dan Eakon. I'm Guy Dami. You are Guy Dami. You're still Guy Dami. It's last I looked. When I woke up this morning, I was pretty convinced. Still, good-looking man. I will also add to... Also nodded up, by the way. All right, so it's Friday midday. It is. Okay, we have the he said, she said coming right after us. Right after this conversation. Yeah, that's Jen Sauerbach. It's Kristen Kelly. They are the Wall Street Skinny. We go... Listen, they make us smarter. How many Ivy League schools are there?

1:43.6

I believe there nine. Is that right? I don't know. Maybe. Maybe. They're two of the nine. And then you add you. So it's three of the nine. So it's 33%. And you're, wait, wait, hold on. Georgia is Georgia's Ivy League plus. Georgetown is Georgia. That's what they call them. Ivy League plus Notre Dame

1:44.9

The Duke

1:46.2

The Stanford

1:47.5

You can get Georgetown is Georgetown University. That's what they call them. Ivy League Plus, Notre Dame,

1:45.0

the Duke, the Stanford. You can get me a headache. Okay. Georgetown stands on its own.

1:52.9

Did Kevin Warsh go to an Ivy League school? I'm not sure. He teaches at Stanford. He's at Stanford.

1:57.5

Yeah. So the timing of his announcement to be the chair of the Federal Reserve, it lines up with probably when his classes get done guy at Stanford. You know what? Not coincidentally. So this is what I've been saying for a while. Now, full disclosure, you know Kevin, I know Kevin. I've gotten to know him over the years. I did a fireside chat with him years ago. He's a gentleman. He's extraordinarily bright. Fifty-five years old. Yeah. I'm 53 years old. I'm not. I think it's interesting just before you get to your point, you know, a lot of folks in this, this is obviously an appointed. This is not elected a position, but the Senate has to confirm it. I'd like to see 55-year-old people taking really important roles. Think about how old the last Fed chairs have been. You grow into it, I guess, is what you're saying. No, but what I'm saying is sometimes you need a fresh view at some stuff. Think about this, okay? Powell's probably in his 70s. Yellen was in her 70s, right? Bernanke was probably in his late 60s. Green Span was 100 years old, right? I don't even know who was. About 100. Paul Volker was probably in his late 60s. He looked older. No, but your point is well taken. Okay, that's it. This is what the American people want. They want new, fresh young ideas. Every once in a while, you come across a person in the conversation, which go to school and they'll say, I went to school in California.

3:11.2

And then you come across a person in the conversation which go to school and they'll say I went to

3:09.4

school in California and then you know you say did you go to grad school yeah Boston I went to

3:15.1

right no I went to school in Boston so that is code for Stanford Harvard yeah he went to

3:20.5

Stanford undergrad he got at JD at Harvard University. So that's Kevin Warsh.

3:24.6

Okay.

3:25.2

Anyway, so brilliant guy.

...

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