SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sully- who wrote (13163)12/13/2001 2:21:44 PM
From: Steve Lee  Read Replies (1) of 99280
 
Also from minutes of Fed meeting: Fed is concerned that demand is being impacted by the losses in stock market since bubble peak. Is this confirmation that one arm of Fed policy is to uphold the stock markets?

I have often wondered how these losses would impact the economy. Some say it is just a case of giving back paper gains from the late 90's so the net result is zero. I disagree strongly. People and corporations have literally "banked" on those gains, even if they haven't taken them to the bank. People have quit work, changed their business models, and diverted labour and capital into areas where they should not have been put to work. If the economy was a zero sum game, with sensible allocation of capital being irrelevant, then communism would have produced the same standard of living that we have in the US and Western Europe.

I think any stimulus package will be a small dent in the trillions lost on the sstock market.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News