The Fed chairmanship is not the kind of job where you want to surprise everyone with your choice of a total unknown. You don't want to surprise Wall Street.
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Along the way, there also have been major innovations and probably his best one is transparency Recognizing the need to communicate continuously with markets in deciding how policy will be formulated.
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This is what they train for here. Usually we've had a week between conference and districts, but we've had two meets in this short period of time before. Four days is usually enough.
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I think he will ease one more time ... cut rates one more time before the end of the year, but I just don't think the odds are as strong on Nov. 17th as maybe some people in the market think.
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There have been little donations or grants and no sugar daddies. That's virtually unheard of in the theater business.
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I think our competition in the conference might be more difficult than the district.
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There certainly is a lot of political pressure for states to adopt the new federal tax codes. But there is no law that requires them to do so.
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I don't know what other people are like, I haven't been able to crawl inside anybody else.
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