2 ms·
I already addressed both the things you mentioned after "then all the direct correlation data:". If you're going to completely ignore what I write, there isn't
by yetanotherphd 13y ago
I already addressed both the things you mentioned after "then all the direct correlation data:". If you're going to completely ignore what I write, there isn't much point having a discussion.
(What I said was, "On the evidence you are presenting: This doesn't prove that the Fed is causing a stock bubble. The stock market, if anything, is forward looking. Even if the fed was causing a bubble, the kind of patterns you are showing wouldn't be expected. Take the second link, for example. The article clearly states that the stock price gains are made before the FOMC announcements. So somehow the act of making any announcement is causing the market to react in anticipation.
I don't know how to explain these patterns, but they are certainly not good evidence for the Fed causing a bubble.")