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Does the Fed REALLY matter?
By Erik Kobayashi-Solomon
[intelligent option investor]
Does the Fed REALLY matter?
This is an update to research done in the fall of 2015.
Common wisdom holds that Federal Reserve interest rate policy changes have a large effect on equity returns. The Fed represents, many believe, the ultimate market traffic light.
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[FEDERAL RESERVE BANK OF NEW YORK]
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And, everyone takes this mental model for granted, but is it really true?
Was the 2008 Financial Crisis Caused by the Big Banks?
Assessment
The conclusions should be compelling to all ME-P readers, physician-executives and intelligent investors!
Conclusion
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Filed under: Investing | Tagged: Erik Kobayashi-Solomon, Federal Reserve, FOMC, intelligent option investor |
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