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Strategies & Market Trends : The Stock Market Bubble
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To: paulmcg0 who wrote (2316)11/13/1998 7:45:00 AM
From: Moominoid  Read Replies (1) of 3339
 
"One prominent thesis argues that the
financial system is inherently unstable and is therefore vulnerable to random shocks" and "do financial
crises cause declines in real economic output, or are they instead manifestations of deeper problems in
the real economy?"

I'll bet there is a disclaimer that these aren't the opinions of the Fed itself. The World Bank for example always makes sure research papers have these disclaimers.

And while I'm posting here two predictions:

1. No rate cut this month in US. (I was right on no rate cut in Australia and Germany so far).
2. Pullback to about 1000 on SPX and new advance.

David
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