Yesterday (Wednesday), Chief Investment Strategist Keith Fitz-Gerald appeared on CNBC World to talk about Janet Yellen as Next Fed Chair.
The Yellen-led U.S. Federal Reserve buzz began on Tuesday night, when the White House announced that U.S. President Barack Obama will nominate Janet Yellen, presently the Fed vice chairwoman, to replace Ben Bernanke as Fed chief.
For one thing, Fitz-Gerald is certain investors can expect an extended QE taper.
Watch as Fitz-Gerald explains why he believes Yellen is essentially "a clone" of Bernanke, plus some all-important market predictions for investors in these volatile times:
The FOMC meeting minutes also show signs of an extended taper...