The Day Ahead: Mail George Bush a Thank-You Note
Ah, to heck with it -- the end of the week is here, so let's leave it all on the field. While you count the trading riches from the #BernankeDay rave, be sure to pen a quick thank-you letter to former President George W. Bush. On Oct. 24, 2005, Bush appointed Ben Bernanke to succeed the larger-than-life Alan Greenspan as Federal Reserve chairman.
If you were a true Fed scholar and an economist devoid of a life -- I, for one, was still analyzing investment-bank balance sheets -- then you'd have realized the decision on Quantitative-Easing Lager (stronger than the Lite stuff) was never in question. Just take a glance at a few of the now-eerie comments from the announcement of Bernanke's ascent to the throne....848 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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