Summers withdraws from consideration for Fed post

Banjo · Sep 15, 2013

http://www.marketwatch.com/story/su...nsideration-for-fed-post-2013-09-15-171032050

Tsing Tao · Sep 15, 2013

Yep. With him out, only doves as far as the eye can see. Woohoo! Free money, print away, Benny Bux.

clacy · Sep 15, 2013

That should be good for about 250 points on the Dow tomorrow

Scataphagos · Sep 15, 2013

[**-------------------------------i]Quote from Tsing Tao:[/i]

Yep. With him out, only doves as far as the eye can see. Woohoo! Free money, print away, Benny Bux.

Markets loving it!

I'm disappointed. Yellen is an advocate of negative interest rates. What would THAT do to us and the notion of fiscal responsibility?

trading_legend · Sep 15, 2013

Good riddance! Never liked the guy!

JamesL · Sep 15, 2013

sumfuka · Sep 16, 2013

"That turkey is totally BRAINDEAD" -Gekko

Like he had a chance~~~

Eight · Sep 18, 2013

Quote from Scataphagos:

Markets loving it!

I'm disappointed. Yellen is an advocate of negative interest rates. What would THAT do to us and the notion of fiscal responsibility?

this is some amazing s$^t we're going through.. wish I had become a historian so I could read up on previous times this has happened! I guess Japan is some kind of a parallel, very low rates for a very long time now...

Numbnuts · Sep 23, 2013

Who cares who the new chairman is. The chairman is only the Fed's mouthpiece, he/she only gets one vote on monetary policy just like everyone else. Whether the new chairman is a dove or hawk will not affect policy.