INVESTORS HAVE TO BE STUPID TO IGNORE FED’S HISTORY OF CAUSING PAIN $AMD $AMZN $FB $TSLA $SPY $QQQ
Investors would have to be stupid to ignore the Federal Reserve’s history of causing pain. But that is exactly what momentum investors are doing now. History repeats itself, but human nature being what it is, many investors do not learn. Let us explore, starting with a chart that spans 64 years. Please click here for an annotated chart of the federal funds rate. Please notice the following from the chart: • The chart shows nine instances of recession. • The chart shows that all instances of recession occurred when the Fed was either raising interest rates or had raised interest