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Someone needs to correct me if I'm wrong, but didn't the Fed increase interest rates at the end of the Bear market rally in the 1930s?
I think you're right - here's a piece from Evans-Pritchard in '08 alluding to this http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/4502827/Will_Trichet_drive_the_world_over_a_cliff/
Yes
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3 comments:
Someone needs to correct me if I'm wrong, but didn't the Fed increase interest rates at the end of the Bear market rally in the 1930s?
I think you're right - here's a piece from Evans-Pritchard in '08 alluding to this http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/4502827/Will_Trichet_drive_the_world_over_a_cliff/
Yes
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