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> This market is highly manipulated and disconnected from reality on many levels I feel like this presumes some "baseline" market that never really existed. Th
by MiroF 6y ago
> This market is highly manipulated and disconnected from reality on many levels
I feel like this presumes some "baseline" market that never really existed. The Fed has a dual mandate - they will and should engage in whatever sort of outlandish monetary policy is necessary to achieve that mandate.
> When the equity bubble does burst (not if, but when)
Absurd that so many people think they can make predictions like these.
- xoxoy 6y agoThe dual mandate is full employment and price stability. Neither has to do with the stock market.
- MiroF 6y agoBut the market reacts to action by the fed, for obvious reasons. That doesn't mean the market is "manipulated" any more than finding a cure for coronavirus would be "manipulating" the market when it jumps in response to the news.