Bad News for Ben (and for the rest of us)
According to Intrade, the probability that Bernanke will be confirmed for a second term is now about 0.7, which down from 0.95 a few days ago. This uncertainty cannot be good for financial markets.
Random Observations for Students of Economics
I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
<< Home