Fed Chair Kevin Warsh Pushed September Rate Hike Odds Past 50%. But 1 Investor Says the Market Has It Wrong

September rate-hike odds moved above 50%, pointing to a more hawkish near-term Fed path. However, at least one prominent investor argues the bond market is “making a serious mistake,” implying rate expectations may be mispriced. The piece also suggests NVIDIA traders could ultimately prove the contrarian view correct, keeping the setup volatile and sentiment-driven.