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A comment on Have the record number of investors in the stock market lost their minds?. Parent comment

Re:Have the record number of investors in the stock market l... by MiroF on Saturday May 16, 2020 @06:17PM (#23207663)
> This market is highly manipulated and disconnected from reality on many levels

I feel like this presumes some "baseline" market that never really existed. The Fed has a dual mandate - they will and should engage in whatever sort of outlandish monetary policy is necessary to achieve that mandate.

> When the equity bubble does burst (not if, but when)

Absurd that so many people think they can make predictions like these.

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Re:Have the record number of investors in the stock market l... by xoxoy on Sunday May 17, 2020 @12:46AM (#23209650)
The dual mandate is full employment and price stability. Neither has to do with the stock market.
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Re:Have the record number of investors in the stock market l... by MiroF on Sunday May 17, 2020 @12:48AM (#23209659)
But the market reacts to action by the fed, for obvious reasons. That doesn't mean the market is "manipulated" any more than finding a cure for coronavirus would be "manipulating" the market when it jumps in response to the news.
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