To the Editor:
The Dan Ives profile is an important story (" He's Wall Street's Biggest Showman. Should You Trust Him?" Cover Story, Jan. 30). It showcases how all pillars of the artificial-intelligence story are working to inflate the bubble exactly as happened with the internet boom 25 years ago: research analysts who for ulterior motives push aggressively positive views of stocks that are inflated in valuations; companies funding one another, creating false demand; and accounting standards that don't meet the spirit of the law. I can't wait to see what happens when the market starts to show major depreciation expenses from Alphabet and other giants. This isn't going to end well.
Chris Baur
On Barrons.com
Soon to Crumple
To the Editor: I predict that Kevin Warsh will crumple like aluminum foil when President Donald Trump starts demanding lower interest rates (" What a Warsh Fed Would Mean for Interest Rates and Inflation Policy," The Economy, Jan. 30). Does anyone really think that Trump picked Warsh to lead the Federal Reserve because he's a "hard money guy?" He picked him because he'll give Trump what he wants: lower rates in a hurry. Long gold.
Declan Murphy
On Barrons.com
Powell Bashing
To the Editor:
What many of the Monday-morning quarterbacks bashing Fed Chair Jerome Powell seem to forget is that the choice was higher unemployment or higher inflation (" Kevin Warsh Is Trump's Man -- and His Own. How He Will Reshape the Fed," Jan. 30). Powell made the determination that it was better to have a job with higher costs than no job and lower costs.
Chet Morton
On Barrons.com
A Hill Too High to Climb
To the Editor:
Mickey D. Levy and Michael D. Bordo are spot on with respect to inflation and the basic economic principles of demand exceeding supply leading to higher prices (" Bowing to the Affordability Mirage," Other Voices, Jan. 30). It seems that the reason our leaders sidestep the fundamental issues is that the election cycle in the U.S. leads to short-term thinking and a preference for quick, headline-grabbing solutions. Addressing the deep-rooted economic issues facing the U.S. in the medium to long term requires a bipartisan commitment to our future. The recurring November elections apparently make the real issues a "hill too high to climb" for our elected leaders.
Gary Nussenbaum
Wyckoff, N.J.
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(END) Dow Jones Newswires
February 06, 2026 21:30 ET (02:30 GMT)
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