Next fed chair: back to Yellen? Or will Jay Powell keep his job? Tenure is four years. Appointed by President Trump on November 2, 2017 -- four years: November 1, 2021. This is July.
Stephanie Link: sounds almost as if she's in panic mode. Makes Steve Liesman look like a statesman.
Market: still looking at first increase in fed rate -- fourth quarter 2022. I assume that will be the first, last and only question Yellen and Jay Powell get when Biden starts his search for next fed chairman. I can't imagine Biden keeping a Trump appointee.
Off the net. Time to go swimming.
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