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Tailoring Taylor.
Markets moved on Monday when news hit that Trump had a "good" (whatever that means in the context of Trump meetings) pow wow with John Taylor.
Specifically, Taylor was said to have "made a favorable impression" on the President last week during an hour-long interview at the White House. I guess that means Taylor gave him a bowl of ice cream, turned on Fox & Friends then proceeded to juggle for Trump who squealed and clapped.
"Trump gushed about Taylor after his interview," one source told
It will be Yellen staying, if she wants to as the Donald will offer to re-appoint her for another term.
This is his safest choice, as they both love uber-low ripoff interest rates and an uber-weak worthless dollar.
Trump could use Yellen re-appointment as a bargaining chip with congressional Democrats to get his tax cuts through.
Another term for Yellen… So short US and advance the (inevitable) date when China becomes financial capitol of the world.