Do you have adblock enabled?
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(RealClear)   Today marks the first day a woman is sworn in as Fed chair. Tomorrow marks the first day a woman is sworn at as Fed chair   (realclear.com ) divider line 8
    More: Interesting, Janet Yellen, Federal Reserve, StockScouter, Morningstar, Inc., Federal Reserve Chairman Ben Bernanke  
•       •       •

1895 clicks; posted to Business » on 03 Feb 2014 at 1:57 PM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest


Archived thread
2014-02-04 06:11:00 AM  
1 vote:

DrPainMD: Arkanaut: rjakobi: This marks the first time ever that our Fed Chairman legitimately has no dick. Good for us.

So, when are we gonna celebrate our first mullato Fed Chairman? Or our first openly bisexual Fed Chairman? Or first Self-Diagnosed Asperger's Syndromite Fed Chairman? Or the first Half-Groundhog Fed Chairman? Or are those too patronizing?

How about celebrating perhaps the most qualified Fed Chair in history?

Hmmm... they said the same thing about Greenspan, and look at the mess he set us up for.


Who said that about Greenspan?  He had no academic background in monetary or macro theory.  He worked as a consultant in New York and political hack in DC before getting the job.  He was among the least-qualified chairmen in Fed history.
2014-02-03 04:54:20 PM  
1 vote:

Peki: Pick: Stock market down over 300. This is working out well.

Didn't the market tank when Bernanke was put in too? Uncertainty, no matter who's at the helm, plays badly in the market.


They have known that she would be the Chair for what two or three months now. How uncertain could they be by this point?
2014-02-03 03:38:33 PM  
1 vote:

Pick: Stock market down over 300. This is working out well.


Didn't the market tank when Bernanke was put in too? Uncertainty, no matter who's at the helm, plays badly in the market.
2014-02-03 03:00:21 PM  
1 vote:
img.fark.net
2014-02-03 02:49:17 PM  
1 vote:
I'm thinking I'm glad I sold all but my gun stocks a while back.  OK so I could have made an extra couple hundred bucks if I had held on a bit longer but my money isn't going tits up.  Here's to hoping for a 10,000 point drop by summer and then buy faster than Mortimer can sell

Everybody *says* they're going to do that, but have you done it?   Out of curiosity, what did you do in 2008, when the sh*t hit the fan?

I kept a diary of my transactions, as well as my state of mind and predictions at the time.  Buying equities in the darkest days of the crisis felt terrible - I felt like I was throwing money down a rat hole, but I stuck to my investment plan (which I'd written down to keep myself honest) and kept buying.  The market continued to tank, I felt like throwing up, and dutifully bought more.

Now those stock purchases seem really smart in hindsight.  If it weren't for my diary, I'm pretty sure I could convince myself that I bought confidently, with full assurance of the wisdom of my plan.  But I clearly wasn't brave or foresighted, based upon my diary entries.  If I hadn't put my plan in writing and resolved to stick with it, I would likely have stayed in cash.

Conversely, I had to rebalance recently, and it sure feels stupid to be buying bonds right now.  But that's the plan, I'm sticking with it.  (Average duration of the bond portfolio is about 7 years - I'm not *that* crazy)
2014-02-03 02:46:27 PM  
1 vote:
This marks the first time ever that our Fed Chairman legitimately has no dick. Good for us.

So, when are we gonna celebrate our first mullato Fed Chairman? Or our first openly bisexual Fed Chairman? Or first Self-Diagnosed Asperger's Syndromite Fed Chairman? Or the first Half-Groundhog Fed Chairman? Or are those too patronizing?
2014-02-03 01:59:52 PM  
1 vote:
If she sees her shadow, it means six more weeks of taper.
2014-02-03 01:22:38 PM  
1 vote:
Clearly the internet works faster than that.  I give it, retroactively starting 5 years ago.
 
Displayed 8 of 8 comments

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »
Advertisement
On Twitter






In Other Media


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report