Ep 162: David Saito-Chung: What Can The Fed Hikes Of 1994 Teach Us?
Investing With IBD
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The S&P 500's Correction in the 1990s
The S&P 500 corrected just merely 10% off its peak way back then and 482 the Nasdaq fell a little bit more about 15% 14 to 15%. There were lots of things going on in 94-95. The Federal Reserve was raising interest rates seven times over a period of just one year from February 1994 to February 1995 300 basis points in total.
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