1/4
Biden told reporters on Tuesday to expect the announcement of a nominee for Fed chair in “the next four days.”
bloomberg.com/news/articles/…
Biden told reporters on Tuesday to expect the announcement of a nominee for Fed chair in “the next four days.”
bloomberg.com/news/articles/…
2/4
Note that Powell has never closed below 50% and is not zooming to near 100% in anticipation of this announcement.
Instead betting market volume is spiking and the Powell/Brainard spread is the narrowest ever.
Note that Powell has never closed below 50% and is not zooming to near 100% in anticipation of this announcement.
Instead betting market volume is spiking and the Powell/Brainard spread is the narrowest ever.
3/4
Reminder, I think the odds are
Powell 50.001%
Brainard 49.999%
It is that close.
Reminder, I think the odds are
Powell 50.001%
Brainard 49.999%
It is that close.
4/4
Note the first sentence of the Bloomberg story, "Biden is still deciding."
This is consistent with my opinion that Powell is a bargaining chip that, IF NECESSARY, will be sacrificed to get 'Build Back Better" to pass.
This is why Biden is still "deciding."
Note the first sentence of the Bloomberg story, "Biden is still deciding."
This is consistent with my opinion that Powell is a bargaining chip that, IF NECESSARY, will be sacrificed to get 'Build Back Better" to pass.
This is why Biden is still "deciding."
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