John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Yorikke who wrote (5162)	11/29/2001 10:23:19 PM
From: John Pitera	Read Replies (1) of 33421

I was reading part of "The secrets of the Temple; how the Federal Reserve runs the economy" and the book spends a lot of time looking at the monetary, fiscal and political situation in the late 60's through the early 1980's. It's impressive to see how the economists and market mavens were talking about "The New Economy" in 1968 and 1969. We have quite a few parallels between then and now. I find it interesting that the 'New Economy' only refers to the bullish aspects of the distortions of fed policy.

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