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- The Fine Print - Socially aware, themed, arts and issues periodic publication available throughout Lowell.
- The Image Theater - Theatre company which puts on all original works by local playwrights.
- Whistler House Museum - A great collection of contemporaries of Whistler at his historic birthplace.
October 24th, 2005 at 7:03 pm
The markets don’t think that Bernanke is a crony. The Dow Jones was up 170 points and the
10 year Treasury yield was down 6/100 of a percent. They wouldn’t react that way to a crony.
October 24th, 2005 at 7:22 pm
I had change in the Treasury yield wrong before - it was up 6/100 of a percent and not down.
This is still consistent with the markets liking Bernanke.
October 25th, 2005 at 12:33 pm
The Globe apparently does not look at Bernanke as a “crony”.
http://www.boston.com/news/globe/editorial_opinion/editorials/articles/2005/10/25/succeeding_greenspan/
However, he appears to be in favor of “low marginal tax rates” and investment preferences, and that may just perpetuate the Bush policies to transfer wealth upwards.
October 25th, 2005 at 4:44 pm
I’ve been hearing things on the news radio all day (WBUR) that there’s some things that are likely to stay “Greenspanian” but some things may not, and those things could affect the economy (for instance, people think he will be less transparent with his policy than Greenspan, and therefore the market will be more volitile because they will not “build” the rate changes into the markets ahead of time.