Granted, the departure isn't a shock to anyone who follows the rollercoaster ride of Washington, but it's bound to rekindle chatter about who is set to take his place.
Lately the Australian dollar has been on a rollercoaster, the Japanese yen can't shoot up fast enough and the Mexican peso lost 8 percent of its value in one day.
Dowell Myers, a professor of urban planning and demography at the University of Southern California, said the state's growth has been a "roller coaster, " but he doesn't expect the ride to go back up in the future.