So long, Larry. Hello Janet, Tim or Donald. Sell the dollar, buy stocks. Markets’ reaction to the nuanced politics of choosing a new Federal Reserve chair can look like a Caesar-style thumbs up or down. Mr Summers’ withdrawal leaves Ms Yellen the apparent frontrunner, with Tim Geithner and Donald Kohn in the wings should the politics shift. But does it really matter?
再見了,拉里(Larry)。你好,珍妮特(Janet)、蒂姆(Tim)或是唐納德(Donald)。賣出美元,買進股票。市場對挑選美聯儲(Fed)新主席這一微妙政治的反應,可能貌似一種決定生死的凱撒(Caesar)式的贊成或反對。拉里?薩默斯(Larry Summers)退出下任美聯儲主席角逐,讓珍妮特?耶倫(Janet Yellen)成為最有可能擔任此職的候選人,如果政治風向改變,這個職位也有可能由蒂姆?蓋特納(Tim Geithner)或唐納德?科恩(Donald Kohn)擔任。但這件事是否真的重要?
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