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The Federal Reserve And the Bull Markets: From Benjamin Strong to Alan Greenspan
Spencer and Huston (both economics, Trinity U., Texas) compare the favorable periods for investors in the stock market while the Federal Reserve system was under the control of Strong during the 1920s, William McChesney Martin in the 1950s and 1960s, and Greenspan during the 1980s and 1990s into the 2000s. They conclude by assessing the Fed's three responses to changing equity market conditions. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)
Hardcover
Published January 1, 2006
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