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To: groanup
Bonds and the dollar got slammed on this news.

I don't think you can conclude that "investors" don't like the new Fed chief because bonds and the dollar went down after the pick. What's good for stocks is not always good for bonds and visa-versa.

29 posted on 10/24/2005 3:05:15 PM PDT by Snardius
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To: Snardius

All I know is the markets were jittery because this guy is supposedly an inflation dove. That's not good for the stock market in the long run.


35 posted on 10/24/2005 3:24:45 PM PDT by groanup (shred for Ian)
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