Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: shades who wrote (65642)	6/29/2005 3:02:07 AM
From: energyplay	Read Replies (1) of 74559

The name "Fed Model" did not come from the Fed, but from some reporters and various macro stock market types who wanted a catchy name and wanted to write something about why you should give your full service full fee broker a pile of money TODAY. Best evidence is the Fed has never really used it, except as a simplified explanation of the relation of stock prices to interest rates. They have to say something, and often they can't tell the truth. "We are cutting rates because the strong dollar is procuding an Asian currency crisis which could result in a world wide depression" We pay Alan G and friends to act on those situations, not to provide headlines for the 6:00 news "Fed chief talks of worldwide depression, could your job be in danger ? Film at 11..."

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