Aug. 5: Mortgage jobs; higher flood insurance costs are here to stay; upcoming conferences & training events
“What do you hear about Bernanke’s replacement?” First off, most of the “news” articles are merely editorials – don’t expect anything before September. The Fed chairman talk is focused on three people: Janet Yellen, Larry Summers, and Donald Kohn. Investors and the bulk of Congress would prefer Yellen while the White House wants Summers –…