'Pouring gasoline on a bonfire': Veteran investor George Noble says metal traders read the Kevin Warsh nomination all wrong
Tamara Ceaikovski
The metal market's tantrum in the aftermath of Donald Trump's nomination of a new Fed chief was wrongheaded, one longtime investor says. That's because, according to veteran fund manager George Noble, Kevin Warsh is a dove who will keep adding fuel to the debasement trade, rather than the hawk markets have perceived him to be. Noble, the former director of the Fidelity Overseas Fund and founder of two hedge funds, said in a post on X that Warsh has expressed a desire to lower rates, continuing
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