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To: jttmab who wrote (140907)8/29/1999 12:03:00 AM
From: stock bull  Read Replies (2) | Respond to of 176387
 
James, re:<<If you read the text differently, that's ok...but we disagree.>> I guess we can agree to disagree. I think Fed policy, that is using interest rates, should never be used to "control the stock market". If "investor wealth" becomes another indicator like the CPI, PPI, Employment Cost Index, etc. I believe that the Fed has crossed the line between Fed policy and interfering with private enterprise.

Stock Bull