Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"In 1994, the Fed tightened interest rates six times in the face of a stronger economy, derailing the stock market for a period of time and ushering in a bond market rout and credit crisis for several emerging markets whose debt was one way or another tied to our treasury bonds."
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