The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

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To: Justa Werkenstiff who wrote (287)	7/15/2000 2:05:32 PM
From: Adam Smith	Read Replies (1) of 10065

Interesting article on lack of wealth effect cause by market downturn. ``The negative effects from the loss of stock market wealth following a crash would dominate the positive effects from the Fed lowering interest rates immediately after the crash,'' said Fair. The bottom line would be a ``significant'' recession, Fair wrote in a paper titled, ``Fed Policy and the Effects of a Stock Market Crash on the Economy.'' dailynews.yahoo.com Adam

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