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Strategies & Market Trends : Classic TA Workplace
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To: Lee Lichterman III who wrote (77971)7/27/2003 4:21:08 PM
From: Haim R. Branisteanu  Read Replies (1) of 209892
 
Great post Lee, but what is the solution ?

IMHO politics are to much dictating monetary policy. The major mistake was done back in 1996 when AG transformed himself in a political tool ...... and the FED big mistake followed in 1998 after LTCM bailout and stock market manipulation ...... followed by the Y2K blunder........

I can not point to one major FED action since 1996 that was constructive long term
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