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?
再见了,拉里(Larry)。你好,珍妮特(Janet)、蒂姆(Tim)或是唐纳德(Donald)。卖出美元,买进股票。市场对挑选美联储(Fed)新主席这一微妙政治的反应,可能貌似一种决定生死的凯撒(Caesar)式的赞成或反对。拉里•萨默斯(Larry Summers)退出下任美联储主席角逐,让珍妮特•耶伦(Janet Yellen)成为最有可能担任此职的候选人,如果政治风向改变,这个职位也有可能由蒂姆•盖特纳(Tim Geithner)或唐纳德•科恩(Donald Kohn)担任。但这件事是否真的重要?
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