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3min chapter
Did The Fed Just Back Down? | Joseph Wang & Michael Ippolito
Forward Guidance
The Psychology of the Stock Market
If you anyone who's in the markets today, all they saw was interest rates going lower and stock market going higher. If we ever want to change that attitude, it's going to have to be a period where it doesn't work. So I actually just longer term view. I'm not bearish on the stock market. I just think there's a there's a timing aspect to this that we shouldn't just be going up every single day. Maybe we will continue to go up everysingle day. It looks like the Nikkei is going up every Single Day. But when you keep going up, usually you also can go down really rapidly. That happened in the late 1990s
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