12-19-2018, 11:04 PM
(12-19-2018, 04:35 PM)fenders53 Wrote: I think the FED is determined to not let this just be a correction instead of a bear market.
The media and the orange man like to make big headlines about all of this. But they have their own agendas and reasons for doing what they do, we all know that.
The FED's monetary policy has three main objectives.
1.maximizing employment
2. stabilizing prices (controlling inflation/deflation)
3. moderating long-term interest rates
Nowhere does it say that the sp500 index is their responsibility. They should not be, and I certainly hope they aren't, concerned with where the indexes are. It's simply not their job to keep investors happy, it's their job to keep the system working.