CLSA: John Taylor Should Stop Auditioning For Fed Leadership Post

Stanford University John Taylor, author of the systematic method for adjusting interest rates known as the Taylor Rule, should stop auditioning for the position of Chair of the US Federal Reserve. Financial pontificators have begun discussing a leadership change at the Fed, but this timing is way too premature, says Christopher Wood in CSLA’s latest issue of Fear and Greed. Taylor and his systematic methodologies don’t stand a chance. Yellen involved in surgery as she places risk management firewall around her like a professional Fed Chair Janet Yellen, currently undergoing the delicate surgery of raising interest rates and shedding assets…