The Lame Duck President Obama and the Fed Nomination

Today's commentary
Summary: US President Barack Obama is in his second term in office. And because he cannot run for office again, his decision-making is bound to be different this term than it was in the first term. We are now seeing that in Syria, regarding the NSA scandal and also on the Fed nomination. Below are some thoughts on the implications for policy and markets.
Last night, Larry Summers finally bowed out of contention for the role as nominee for Chair of the Federal Reserve. My sourc...

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