Seeking Alpha

Reactions to Summers' Fed withdrawal

Reactions come in from all over to Larry Summers pulling his hat out of the Fed chairmanship ring.

Phil Izzo: Odds now on Yellen, but they've been wrong before. (WSJ)

Felix Salmon: Abrasive Summers is the wrong man to lead any major institution; Yellen should be the choice.

The dollar has begun to slip in global trade on the news; to an eight-month low against pound; euro jumps to $1.337.

Currency ETFs: UUP, UDN, FXE, EUO, FXY

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Comments (3)
  • Russ Winter
    , contributor
    Comments (697) | Send Message
    Why you wonder? Look at this photo, Summers is demonstrating unhealthy diabetic symptoms and is not a healthy man.

    15 Sep 2013, 06:21 PM Reply Like
  • lalex
    , contributor
    Comments (66) | Send Message
    Obama, wants to be the first President to appoint a women. This is just a way for Summers to save face.
    16 Sep 2013, 05:43 AM Reply Like
  • Tao Jaxx
    , contributor
    Comments (1475) | Send Message
    We need Stan Fisher there. All others are lightweights.
    16 Sep 2013, 11:41 AM Reply Like
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