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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: roto who wrote (53592)3/4/2022 5:04:37 PM
From: ajtj994 Recommendations

Recommended By
Lee Lichterman III
pak73
roto
Sun Tzu

  Read Replies (1) | Respond to of 97341
 
If I recall correctly, the Fed rescued LTCM via the banks on Sept 23, 1998, and did a surprise 25bp rate cut on op-ex in October 1998 to help make the banks whole via an equity rally.

Having the global reserve currency gives you that kind of leeway.



To: roto who wrote (53592)3/12/2022 9:19:50 AM
From: Cogito Ergo Sum  Respond to of 97341
 
US is the the most beautiful Country .... see Chinese name for America

It has it all... what a terrible thing to waste