Danielle Park is back from vacation and we talked about Larry Summers being all but certain as the next Fed Chairman. No one is too happy with the choice as he was the prime enabler of the derivatives mess the world now finds itself in. He appears to be an advocate of Fed tapering of securities purchases, but we’ll see about that one later. If he actually follows through then Dow 5,000 could be a reality. Danielle believes that it won’t really affect the real economy which has been in the pits since 2008 anyway.
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