Falling Odds for Ben, Rising Odds for Pos. Q3 GDP
Falling Intrade odds for Bernanke's reappointment as Fed chair, from 75% to 60% in 17 days:
Rising Intrade odds for positive U.S. real GDP growth in Q3, from 25% to 50% in 115 days:
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Wednesday, June 24, 2009
Rising Intrade odds for positive U.S. real GDP growth in Q3, from 25% to 50% in 115 days:
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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4 Comments:
I can't imagine Ben Bernanke not being reappointed. Who else?
Easy to read his mind
If he begins hiking rates after his second coronation, he enjoys his job. If he raises rates before the re-coronation, he is trying to get fired without his wife getting wise.
"I can't imagine Ben Bernanke not being reappointed. Who else?"
To me, it looks like Larry Summers will probably get the job.
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