Jerome the Polar Bear is New Chairman of Federal Reserve [USA]

[noissance]

First, Jerome gets to be chair.
https://www.nytimes.com/2018/02/05/us/p ... rn-in.html

Next, Stocks plummet! (investors think interest rate will go up)
https://www.cnbc.com/2018/02/05/markets ... hairs.html

Coincidence?

[deleted_user]

Let's see... Dow Jones already at an all time high, 4.6% is a big drop but it's happened as recent as 2011, interest rates are going up chunfirmed, and Jerome will actually probably fall in relative line with Yellen policy-wise (talking wells fargo). The jobs report as of a few days ago is remarkable. This isn't even a terrible thing, tbh.