Discussion in 'Economics' started by BrendanByrne, Jan 24, 2010.
What would be the affects if Bernanke is or isn't reappointed?
i guess unless someone really radical i put in it would not matter.
It depends on who you are. From a market point of view? It could affect the market negatively. From a political point of view however, it would mean that the terrible Fed would be kicked down a notch from the embarrassment, and that's certainly a good development.
Ben has been training for this time his whole life, since his first little boy !
Ever since his first bubble bath ... "Bubble Ben" has been the boy.
No difference whatsoever. There was no difference between him and Greenspan either.
Brendan P. Byrne
Sis says she saw Warren Buffet on some TV show literally say he'd sell ALL of his stock if Ben weren't "re-hired", cuz that'd make the mkt tank for years.
I have a better chance of winning the Lotto than any of the above happening.
It depends on who the replacement is. If an inflation hawk like Volcker is sworn in, which I doubt, the market will take a beating for sure. But if you get another idiot who's just a lackey for the Wall Street fat cats, your guess is as good as mine where this market will end by the end of 2010.
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