“Have fun. And God bless America.”
It was a good day for the “future.”
Maybe Lou Dobbs changed his mind, or maybe Trump held another straw poll, or maybe he just woke up on the “Powell side” of the bed this morning, but according to sources who spoke to Bloomberg, Jerome is going to get the job.
“President Trump changes his opinion on the issue every day, so it can’t be assumed Powell and Taylor are the only possible choices.”
“…or what counts as ‘fireworks.'”
“I’m sorry Gary, you seem like a good guy and all, but when it comes to dictating monetary policy we’re looking for someone who’s more closely aligned with our feelings on the whole Master Race thing.
I LIKE’ YELLEN BUT `YOU HAVE TO MAKE’ OWN MARK
“Eliminate the middle man.”
Anyone home out there?
“Say what you want about the guy, but if Trump has an area of expertise, it’s cheap credit. To think he will follow through with his campaign promise to return the Federal Reserve to an era of discipline is naive.”
As usual, the docket is full and the risks are multiplying.
“Investors will ask how this disagreement will be resolved — and how abruptly, if at all, might policy change as a result.”
Just hours after Janet Yellen left the White House, Politico reported that Powell is the leading candidate.
Fasten your seatbelts.