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May 2013

Recs

4

Listen to Yellin

May 31, 2013 – Comments (3) | RELATED TICKERS: FABU , T , URE

Ok I am making a new FED prediction.  If Bernanke decides to retire I submit that the next head of the FED will be Janet Yellin.  I submit 2 reasons why this will happen.  First, it is about time a female is appointed to this post.  And second, she is a dove, which President Obama would want.

Recs

11

Why Won't the Pundits Take Bernanke at His Word?

May 22, 2013 – Comments (21) | RELATED TICKERS: T , RUTH

Ever since 2009 pundits have gotten Uncle Ben wrong.  Not because of what Bernanke says but by what the pundits think he really means.  He said he was going to keep interest rates low for an EXTENDED period of time.  I kept arguing here that meant many years because it would take as much to run through the housing foreclosures.  [more]

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