Kevin Warsh’s remarks after the Federal Reserve’s first policy decision under his chairmanship will probably spark more volatility at the shorter end of the Treasury curve while calming price swings at the long end, according to Kay Haigh at Goldman Sachs Asset Management.

As new Federal Reserve Chairman Kevin Warsh leads his first policy meeting, falling oil prices are set to smooth the way for a rally in fixed income, according to MUFG’s chief of US macro strategy, George Goncalves.

Stock market bulls have a “narrow path” to victory next year as long as inflation comes down faster than expected, according to Ed Yardeni, founder of his namesake research firm.

At a time when virtually all of Wall Street is on guard against a recession, Jim Paulsen of The Leuthold Group said stocks are about to rally at least 25% in the next year.

Signs are emerging that the resilience of American consumers is rapidly waning, potentially undermining one of the few remaining pillars supporting the bull market in equities.