[Federal Reserve Chair Walsh Appoints Two Senior Economists as Advisors] Odaily Planet Daily News – Federal Reserve Chair Kevin Walsh has appointed two senior economists from within the organization as his advisors: Daniel Covitz, Deputy Director of the Federal Reserve's Division of Research and Statistics, and Eric Engstrom, Assistant Director of the Division of Monetary Affairs. Covitz's current research at the Federal Reserve includes asset bubbles and the stability of short-term credit markets. According to the Federal Reserve's website, Engstrom's work involves studying the co-movement of stocks and bonds, as well as corporate profits and entrepreneurial activities. (WSJ)