Unbelievable vol in the prediction markets over the next Fed chair.
Checked last night and Neel Kashkari, the super dove, was over 30 cents. John Taylor, the rules-based Stanford prof, was up around 20 cents. Kevin Warsh, who leans hawkish and anti-bubblista, maintains the pole position.
The selection of the next chair will be a big market moving event. Hawk or dove?
We will try and post the graphic at the same time tomorrow to see where the market stands on the next Fed chair.