November 6, 2017 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. Those daily posts includes itms such as this from today: “Another chair to open up at the Federal Reserve in 2018. This time it’s at the head of the Federal Reserve Bank of New York where William Dudley will retire by mid-2018. Dudley’s term didn’t expire until 2019. The New York Fed plays a critical role in handling the Fed’s open market operations and Dudley has been one of the strongest advocates for the Fed’s policy of monetary stimulus in the years since the financial crisis. The New York Fed, rather than President Trump, will conduct the search and pick a new head to run the bank and to occupy the bank’s seat on the Fed’s governing body. I have to wonder that if, at some point, the financial markets start to worry about the huge drain in expertise at the top of the Fed with the departure of chair Janet Yellen, vice-chair Stanley Fischer, regulatory head Daniel Tarullo, and now Dudley.”
October 21, 2013 | Daily JAM |
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October 26, 2012 | Uncategorized |
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October 24, 2012 | Daily JAM, Stock Alerts |
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October 11, 2012 | Uncategorized |
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September 21, 2012 | Uncategorized |
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March 15, 2012 | Uncategorized |
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October 3, 2011 | Daily JAM |
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September 19, 2011 | Daily JAM, Mid Term, You Might Have Missed |
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