{"podcast":{"title":"The Real Investment Show Podcast","slug":"the-real-investment-show-podcast-500742","podcast_index_feed_id":500742,"rss_url":"https://lancerobertsshow.libsyn.com/rss","website_url":"http://soundcloud.com/the-lance-roberts-show","image_url":"https://static.libsyn.com/p/assets/0/f/1/6/0f169eadb8debb51d959afa2a1bf1c87/1400_x_1400_Logo_for_iHeart.png","author":"The Lance Roberts Show","episode_count":3360,"summary":"It's a show about life, markets, sweat-equity, and the pursuit of wealth in a capitalist market.","last_synced_at":"2026-07-17T20:17:47.954832+00:00","page_url":"https://stenobird.com/podcast/the-real-investment-show-podcast-500742"},"episode":{"title":"6-18-26 Kevin Warsh's First Day at the Fed","slug":"6-18-26-kevin-warsh-s-first-day-at-the-fed","published_at":"2026-06-18T17:22:00+00:00","page_url":"https://stenobird.com/podcast/the-real-investment-show-podcast-500742/6-18-26-kevin-warsh-s-first-day-at-the-fed","show_page_url":"https://stenobird.com/podcast/the-real-investment-show-podcast-500742","url":"https://lancerobertsshow.libsyn.com/6-18-26-kevin-warshs-first-day-at-the-fed","audio_url":"https://traffic.libsyn.com/secure/lancerobertsshow/6-18-26_Kevin_Warshs_First_Day_at_the_Fed.mp3?dest-id=797352","summary":"What happens when a new Federal Reserve Chair takes office during a period of elevated market valuations, persistent inflation concerns, and growing pressure on interest rate policy? Lance Roberts discusses what investors should watch on Kevin Warsh's first day at the Fed, including potential shifts in monetary policy, inflation management, interest rates, bond markets, and stock valuations. Will the new leadership signal a more hawkish approach, a more market-friendly stance, or simply a continuation of current policy? Here's a topical rundown of today's show: 0:00 - INTRO 1:02 - A Very Different Fed Presser - Markets Did Not Like It 2:37 - Gobsmacked on America - No Beer in Boston 4:55 - Markets Grapple with End-of Quarter Blues 11:11 - Fattening or Immoral 11:42 - Editing the Fed Statement 13:31 - Kevin Warsh Press Conference clip - Impact of Oil on Economic Data 18:02 - Kevin Warch on 2% Inflation Target 19:55 - Changes in Fed Forward Guidance 23:47 - Fed Initiatives 31:23 - The Magnitude of Change at the Fed 28:05 - The Five Fed Task Forces 32:25 - Fed Communications 34:01 - The Fed Balance Sheet 35:06 - Reliance on More Instant Data 39:09 - Productivity & Jobs 39:29 - The Fed's Inflation Framework 42:08 - How Warsh Will Lead the Fed Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/USe3OhTf1FM ------- Watch today's \"Before the Bell\" feature, \"Market Pennant: Breakout or Breakdown?\" here: https://youtu.be/tYu7hYTjg_g ------- Watch our previous show, \"Q&A Wednesday: What Matters Now?\" https://youtube.com/live/ZBK984RQuvk ------- Articles me…","meta_description":"What happens when a new Federal Reserve Chair takes office during a period of elevated market valuations, persistent inflation concerns, and growing press…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2678,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-real-investment-show-podcast-500742/episodes/6-18-26-kevin-warsh-s-first-day-at-the-fed/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-real-investment-show-podcast-500742/6-18-26-kevin-warsh-s-first-day-at-the-fed.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}