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But we saved everything 🙂.
Skanda Amarnath questions the effectiveness of Warsh’s policy leadership, emphasizing that genuine influence rests on securing buy-in from fellow Federal Open Market Committee (FOMC) members.
Amarnath further asks whether Waller appears convinced by Warsh’s approach, suggesting internal consensus is key to policy execution.
Amarnath has previously noted challenges facing firms in shifting markets. He described how Canadian oil investment declined after 2015 as U.S. fracking gained market share. In another analysis, he discussed cases where companies turned to financial engineering and shareholder buybacks when profits lagged.