Dan Niles on Trump's decision to pick Kevin Warsh as Fed chair: 'It's great for stock markets'

Let's bring in Niles investment management founder and portfolio manager Dan Niles. Dan, it's great to have you back. Thanks for joining us.>> My pleasure, Carl. >> Uh, so as a manager, how are you thinking about the Worsh decision. I mean, I think it's great for stock markets because if you believe that a big portion of multiples is driven by easy money, Kevin Walsh had an article in the Wall Street Journal how he said that AI was deflationary and the Fed needed to get away from this dogma that wage increa ...