This is an excellent, MUST READ article from Gavyn Davies, the respected macro-economist, writing in his weekly blog at the FT. Check it out!
via Summer(s) time at the Fed | Gavyn Davies – FT.
The article considers the two likely candidates to take over when Bernanke retires. It seems that Larry Summers is the favorite; whilst, he’s a highly respected economist, he’s also rather controversial – personally, I could see him perhaps spooking the markets.
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