Quote:
Originally Posted by crucifissio
yes but how come this was not a problem during regan or clinton or bush? they had much higher rates and rate hikes were talked about all the time...
sucks to be you in this argument  |
How does it suck to be me? My argument is that when the fed raised the rates, the market went down every time...and i'm right.
You're asking me why it didn't matter then? I don't know. Maybe it did. That was then and this is now.
But back to the argument: did the fed raising the rates drop the market? Yes. I just proved it.