Janet Yellen

Q&A: Behavioral Finance Expert Terrance Odean on the Stock Market Drop

We accept that what goes up must comes down. What we don’t always understand is why. Like countless financial shakeups throughout history, this week’s stock market plunge has sparked widespread debate as to its causes. While there are no hard-and-fast answers, there are educated insights.

All Over But the Yellen: A Look Back at the Outgoing Fed Chair’s Tenure

The tenure of Federal Reserve Board chairwoman Janet Yellen is drawing to a close. In February, she’ll leave her post—arguably the second-most powerful position in Washington after the presidency—and will be replaced by Trump appointee Jerome Powell, a member of the Fed Board of Governors. 

A Yellen-Led Fed

Next to headlines on the ongoing government shutdown, the prospect of a default on the national debt, and the spike in the price of short-term federal IOUs which, according to one wonk  “ should terrify you,” the news that Berkeley’s own Janet Yellen was tapped to chair the Federal Reserve might have been the least exciting economic news you’ll read all week.

Guess the Next Fed Head

The econ-blogs and mainstream papers are all agog over the two candidates considered top contenders to replace Ben Bernanke as Federal Reserve chief, with many setting it up as a titanic battle of East and West—coasts, that is.

In the Left Coast corner is Janet Yellen, Fed Vice Chair and Berkeley Professor Emeritus, representing right-brained California generally and Berkeley specifically—as well as the nation’s women.

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