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Strategies & Market Trends : The Stock Market Bubble
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To: Terry Whitman who wrote (2601)2/1/1999 9:24:00 PM
From: Wren  Read Replies (2) of 3339
 
I recently read an opinion (don't remember where) that the Fed can do nothing about rates. If they raise them, they bust the bubble and they don't want the blame for that. If they lower them, the bubble expands more and they don't want that.

This sounds reasonable to me.
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