Why Are You Even in the Market?
The Compound and Friends
00:00
Do You Think the Fed Will Never Be a Market Influence?
Michael Wolraich: The fed will always be a market influence. He says it's because of how big the investment component is in the economy. Before there was not this middle class ownership of the stock market that exists now, he says. "The wealth effect, what stocks due, is so pronounced that the fed can't ignore it"
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