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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

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To: TobagoJack who wrote (306)9/8/2005 3:23:00 AM
From: energyplay  Read Replies (4) of 217699
 
US Government intervention in stock markets - it is too flippant to say "well, duh, of course" one can make number of reasonable cases for the occasional need for intervention.

Nobody worries about governments intervening in foreign exchange markets to maintain sertain exchange ratios and reduce volitiliy, of central banks buying and selling to shape a yield curve.

As long as intervention is directed at broad sectors, and rarely at specific firms (save the strategic ones like Boeing, Yukos, PetroChina, AirBus, BP, CNOOC, Air France, etc.) I don't see much of a problem...
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