It looks like CEA chair and former Fed governor Ben Bernanke will be announced as Greenspan's replacement at 1pm.

Larry Kudlow's reaction is "good choice" though I get the impression that he's not doing cartwheels. Check his site for updates.

For what it's worth, the market shot up as soon as this information came out.

UPDATE: 2:30pm
Kudlow's "bullet points" and Greenspan gives a "thumbs up".

Posted by: Gary at 12:54 PM | Comments (1) | Add Comment
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