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Fed Chair Kevin Warsh and the FOMC Just Fired a Warning Shot at the Second-Priciest Stock Market in History

Longtime CEOs Warren Buffett and Tim Cook handed over the keys to their respective successors, and President Donald Trump's Fed chair nominee, Kevin Warsh, became only the 17th head of the central bank on May 22. Despite these changes, Wall Street's preeminent stock indexes, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) have been unstoppable.

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