1994-95 All Over Again in Markets?
Broken Pie Chart · Broken Pie Chart
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
What's the saying, history doesn't repeat itself but often rhymes? In 1994 the Fed was raising rates all the way through the Feb 1995 meeting. How does that period compare to now? And does that mean we are in for a repeat of markets? Derek Moore explores that period and makes some comparisons.
1994 Fed interest rate hikes
1994-95 interest rate cycle and market returns
The 1995 Fed pivot
When did markets turn higher? Hint it's before the last rate hike.
Curious reasons Fed began raising rates in 1994.
Are the Fed projections ever right (hint, usually not their SEP or statement of econ projections
Mentioned in this Episode:
History of Fed rate hikes https://www.thebalancemoney.com/fed-funds-rate-history-highs-lows-3306135#:~:text=The%20highest%20fed%20funds%20rate,in%20response%20to%20rising%20inflation.
The 94-95 rate cycle including some look back at newspaper headlines and stories https://www.businessinsider.com/1994-federal-reserve-tightening-story-2013-1#protests-grow-louder-in-the-press-following-the-fomcs-may-18-decision-below-are-headlines-from-two-syndicated-ap-columns-the-next-day-18
Effective Fed Funds rate today https://www.newyorkfed.org/markets/reference-rates/effr
Derek Moore's book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr
Contact Derek [email protected]