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September 17, 1998
A New Era in the Relationship Between Stocks and Bonds? Part 1: How Dramatic Is This Change? The relationship between the stock market and the bond market has undergone its most dramatic change in history.
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September 11, 1998
The Markets Are About To Get A Lot Of Certainty The markets hate uncertainty. However, they are about to get a lot of certainty with the release of the independent counsels report. No matter what it says, the speculation about this report will end...
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September 1, 1998
How Much Wealth Has The Stock Market Destroyed? From the high point of wealth creation in May of 1998, domestic equity mutual fund holders have seen 43% of their wealth disappear in the last few weeks. Economically speaking, if the stock market does...
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March 27, 1998
Why The Fed Funds Contract Matters An explanation as to why the fed funds futures contract is a good measure of Fed policy.