Yellen Would Be The Oldest Fed Chair In History: IF APPOINTED

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Yellen Would Be The Oldest Fed Chair In History: IF APPOINTED
The comic features features Fed Chair Janet Yellen as a contestant on the game show "Who Wants To Be A Millionaire". The audience behind Yellen, which includes former Fed chief Ben Bernanke, are throwing tomatoes at her. Caption for the comic: "After disappointing markets last week, will Yellen make it up to them later this year?" The Federal Reserve's decision last week not to raise interest rates disappointed most market players who were expecting the central bank to hike rates for the first time since 2006. The questions remains whether Yellen and the Fed will make it up to them at some point later this year, or will they delay the move to early 2016. The central bank has two more scheduled policy meetings before the end of 2015, in late October and mid-December.

Yellen Would Be The Oldest Fed Chair In History: IF APPOINTED

According to most sources, Janet Yellen is still the front-runner to succeed Ben Bernanke as Chair of the U.S. Federal Reserve. If she receives the appointment, @liuk__ points out that she would be the oldest Fed Chair (at appointment time) in history.

The oldest appointment to date has been Arthur Burns who began his term at age 66. Yellen is currently 67. The youngest ever to hold the seat was Marriner Stoddard Eccles, who was appointed at age 44.

Hedge fund thesis for Spirit Airlines and AerSale, a recent SPAC merger

AirlinesPrescience Partners returned 6.75% for the second quarter, underperforming the S&P 500's 8.55% return but coming out ahead of the Barclay Equity Long/ Short Index's 2.62% return. However, for the first six months of the year, Prescience is up 30.66%, doubling the S&P's 15.25% return and smashing the Barclay Equity Long/ Short Index's 9.27% return. Read More


Yellen Would Be The Oldest Fed Chair In History: IF APPOINTED

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