Christina Romer announced today that Friday will be her last day as the 25th Chair of the Council of Economic Advisors to the Obama Administration.
I believe that this is an "ole fashioned tell" & that things are...
1) About to get rougher in the economy & in the markets and she is exiting to avoid being in that "hot seat". That job is about to get a great deal harder. To reference a phrase from Jesse Livermore.......She is following the "line of least resistance" It's the Smart move.
2) Political views/opinions aside, She knows what most suspect, that the Obama Administration is unclear & uncertain as what to do next to remedy the US economy.
I would say this points to rougher waters ahead.
I believe that this is an "ole fashioned tell" & that things are...
1) About to get rougher in the economy & in the markets and she is exiting to avoid being in that "hot seat". That job is about to get a great deal harder. To reference a phrase from Jesse Livermore.......She is following the "line of least resistance" It's the Smart move.
2) Political views/opinions aside, She knows what most suspect, that the Obama Administration is unclear & uncertain as what to do next to remedy the US economy.
I would say this points to rougher waters ahead.