This Bear Market Rally Could Prompt a 2001-Style Crash
If you’ve been in the markets for a while, this will seem reminiscent of 2001, when Alan Greenspan’s Federal Reserve cut interest rates from 6.5% to 2% over the course of one year.At the time, the stock market collapsed.This is what Powell needs to avoid..but possibly won’t..
Tags: Stock Market, U.S. Economy
The post This Bear Market Rally Could Prompt a 2001-Style Crash appeared first on Money Morning – We Make Investing Profitable.
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