Which analogy to use? Thinking, thinking… let’s go for the party analogy. The prospect of Larry Summers becoming the next Fed chairman had investors worried that this perceived fiscal hawk would remove the stimulus punch bowl from the party. Fear not. Mr. Summers, of course, withdrew his candidacy over the weekend – saying the nomination process would likely have been “acrimonious” - and the party rages on this morning.
Filed in: Canadian, Economy, Energy & Resources, Investing
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