Monday, September 26, 2005

A New Fed Chairman is Coming

The CS Moniter has a story on the end of an era:
For investors who get the jitters over a hurricane, Iraq attacks, or a Wal-Mart sales report, there's a new jitter-bug in town: a pending White House announcement of a successor to Alan Greenspan, who's been Federal Reserve chairman for 18 year
We'll be writing more on this one.How many basis points higher is a new Fed Chairman worth?