Wall St Engine(@wallstengine):BofA’s Hartnett on Warsh at Jackson Hole: “Bull success” requires Warsh to reinforce his inflation-fighting credentials while supporting Bessent’s push to contain long-term yields. A “policy failure” could send yields back above pre-buyback levels, weigh on the dollar & favor defensives over cyclicals.

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Wall St Engine@wallstengine

2026.08.28 09:49

BofA’s Hartnett on Warsh at Jackson Hole: “Bull success” requires Warsh to reinforce his inflation-fighting credentials while supporting Bessent’s push to contain long-term yields. A “policy failure” could send yields back above pre-buyback levels, weigh on the dollar & favor defensives over cyclicals.