Well-educated discussion this morning on CNBC regarding the President's reappointment of Ben Bernanke for another term as the head honcho for the Fed. My friend, Richard Yamarone, was asked his thoughts on the announcement and he brought up the best point, yet: You don't replace the General in the middle of the battle; and that's exactly where we are right now.
Take a look at the clip when you have a moment. It's definitely worth reviewing:
Richard Yamarone Speaking on CNBC about President Obama and Ben Bernanke
Todd M. Schoenberger, Managing Director
LandColt Trading, Inc.