Kevin Hincks says the legality of whether President Trump can fire Lisa Cook from the Fed "will be figured out in the courts." He talks about the latest developments and goes in depth as to why the situation is muddy for investors seeing it all from the outside. On economic data, Kevin notes a beat in durable goods orders and the Case-Shiller home price index. However, he adds that all these headlines will be dwarfed by Nvidia's (NVDA) earnings after the close Wednesday.
Morning Trade Live
26 Aug 2025
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