The majors all have the story that Ben will be reappointed by Obama:
Obama will make the announcement tomorrow on Martha’s Vineyard, Massachusetts, where he is vacationing with his family, and Bernanke is expected to join him, said the official, who spoke on the condition of anonymity. The nomination requires Senate approval. Bernanke’s four-year term as chairman expires Jan. 31
Game theory would have it this is the safe pick, the one that you cannot get into trouble for, even if things go bad later.
A new Fed Chair, in the event something went awry down the road would lead blame back to the White House.
• Bernanke to Be Nominated for Second Fed Term by Obama (Bloomberg)
• Keeping Bernanke adds clarity to cloudy outlook (Reuters)
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.