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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: gregor_us who wrote (89983)8/28/2009 5:04:26 PM
From: Real Man  Respond to of 94695
 
Yep, and Ben did not fail us. He exceeded Roosevelt by a wide
margin -g-



To: gregor_us who wrote (89983)8/28/2009 5:08:22 PM
From: ggersh1 Recommendation  Read Replies (1) | Respond to of 94695
 
"The economy grew strongly, and by the way, 1934 was one of the best years of the century for the stock market. If nothing else, the episode illustrates that monetary actions can have powerful effects on the economy, even when the nominal interest rate is at or near zero, as was the case at the time of Roosevelt's devaluation"

They still think the Stock Market is meaningful, when in reality it's meaningless.



To: gregor_us who wrote (89983)8/29/2009 9:26:21 PM
From: Perspective1 Recommendation  Respond to of 94695
 
<The economy grew strongly, and by the way, 1934 was one of the best years of the century for the stock market.>

Why the fcuk is this kind of crap tolerated spewing from the mouths of our monetary policy makers? Since when is it their job to cheerlead the stock market? If we had a sound federal reserve, that kind of antic would get them shown the door.

BC


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