SI
SI
discoversearch

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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (70627)9/29/2006 10:05:52 AM
From: Tommaso  Read Replies (2) | Respond to of 110194
 
The whole notion of the PPT is completely unproven, and as far as I can tell, activities to directly influence the stock market by buying securities would be completely illegal.

The Fed does, however, have a powerful tool that it never used once during the period 1995-2001 (or to the present, either) than that is raising margin requirements for borrowing on stocks. Greenspan jawboned (for about 24 hours) about irrational exuberance but never did a thing to hold it down by raising margin requirements.



To: bart13 who wrote (70627)9/29/2006 6:25:57 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Good god For a moment I thought you heard me on George Noory Coast to coast last night. I was asked the same thing and gave the same response. It was a blast BTW.

In that chart I see 4-5 places of inverse correlation if I am reading correctly. So I think it could be random noise, or slight bias, certainly not proof of anything.

Mish


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News