Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: fedhead who wrote (13805)	9/16/1998 8:45:00 PM
From: craig crawford	Read Replies (1) of 18691

>> What was interest rate environment like preceding the 1929, 1987 crash? << For 1929 crash see this. The Fed was supposedly afraid of an asset bubble so they tightened. #reply-5768542 As for 1987, Greenspan came in and hiked the discount rate 50 basis points to 6%. The argument was that the dollar was falling and foreigners were pulling their money out of the U.S. Greenspan needed to hike rates to attract money to the U.S. so we could finance the skyrocketing deficit. It may take rising interest rates here in the US to burst this bubble, but I can see plenty of scenarios to make that happen. Of course everyone in the civilized world thinks it's a given that US rates are going lower so they couldn't POSSIBLY rise. Nahh, couldn't happen. Just like the stock market couldn't POSSIBLY go down. Wouldn't be prudent!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next