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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%4:00 PM EST
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To: KyrosL who wrote (92859)7/25/2012 1:24:32 PM
From: Tommaso2 Recommendations  Read Replies (1) of 217647
 
There was a time (1950-1965, more or less) when the Fed saw it as its job to discourage what Greenspan later (without doing a single thing to suppress it) called "irrational exuberance" in the stock market.

Now the Fed seems to see its job as discouraging rational caution in the stock market.
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