tag:blogger.com,1999:blog-2761684730989137546.post4231970376456192694..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Brian Romanchuk — Interest Rate Cycles: An Introductionmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-62439139326636827732016-05-24T14:21:04.978-04:002016-05-24T14:21:04.978-04:00Ryan,
That's actually a topic that I could ha...Ryan,<br /><br />That's actually a topic that I could have had a rant about within the book. (If there's a second edition, maybe I could work it in...) Historically, the Fed ignored the stock market. That changed during the Greenspan era, and the "Wealth Effect" became a big thing. Bundesbankers definitely did not approve of Greenspan's attitude...Brian Romanchukhttps://www.blogger.com/profile/02699198289421951151noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-65855930756938221042016-05-24T12:13:56.894-04:002016-05-24T12:13:56.894-04:00I think that is what Brian is saying here Ryan:
&...I think that is what Brian is saying here Ryan:<br /><br />" Although monetary theory appears complex and highly mathematical, the text explains how decisions still end up being based upon qualitative views about the state of the economy."<br /><br />We push to new highs on S&Ps and its a lock they resume raising imo....<br /><br />Nice push up today but we need it way over 2100 if not exactly new highs... then we'll be back in business...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-40981003257092536042016-05-24T11:23:53.939-04:002016-05-24T11:23:53.939-04:00Romanchuk got it backwards, Investors have become ...Romanchuk got it backwards, Investors have become the focus of Mon Pol Economists.Ryan Harrishttps://www.blogger.com/profile/04815033054435303399noreply@blogger.com