The old “Speculation” game is alive and well as the media tries to guess who will be the new top members of the Obama administration. At one minute it looks like Hillary will be Secretary of State, the next minute, who knows?
New Mexico Gov. Bill Richardson is in strong contention for Commerce but he too might get State if the other Bill (Clinton) proves to be carrying too much baggage.
Also, one must wonder whether N.Y. Fed head Timothy Geithner’s name is being floated as the likely pick for Treasury Secretary for real or just a trial balloon who is being tested on the whims of Wall Street? If it’s the latter, then maybe the right balloon has been released. But then I don’t know if I would put the nation’s financial health for the next four years all upon a one-day run on the Dow.
Have a nice weekend or else.