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Live markets: Bitcoin continues holding pattern near $77,000 ahead of Kevin Warsh taking over at Fed CoinDeskKevin Warsh sworn in as Fed chair at pivotal moment for US economy CNNKevin Warsh sworn in as Fed chair as Trump seeks interest rate cuts CNBCWarsh takes the Fed's helm as inflation climbs, consumer sentiment dives Reuters
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Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
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Zweig-DiMenna's proprietary model tells them inflation will be rising in the next 3-6 months and bond yields have not risen sufficiently to compensate investors for that
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