1990 year S&P trend is a very good sample to compare.
the public reason is that this year economy enter recesson. but truth may be effect of 1987 market crash.
too much TaoLao Pan Yong Chu
another is 2001. This year starting Jan 3 rate cut 50 serials. see how market response.
in 1988, after market crash, start to raise rate but market pick up. but you still see rate raise weight on market
dramartically. when enter 1989, see raising rate end market accelerate even rate down in late half year and
finish 1989 but when enter 1990
Predent ren ci
Fed chairman
middle of 1984 rate decline from peak 11 down to 8.50
============================================================
July 26 first buy in level 1498 ES when down ----
August 7 Statement Minutes (Released August 28, 2007) unchanged then sell off then in deep water
August 10 (Unscheduled) Statement Minutes (Released October 9, 2007)
August 16 (Unscheduled) Statement Minutes (Released October 9, 2007)
September 18 Statement Minutes (Released October 9, 2007) cut 50points react sharply up new peak reached
October 30/31 Statement Minutes (320 KB PDF) (Released November 20, 2007) cut 25point
sell off down pass 1536 buy level wipe $2000 gain
December 6 (Unscheduled) Minutes: See end of minutes of December 11 meeting
December 11 Statement Minutes (121 KB PDF) (Released January 2, 2008) cut 25point
sell off Z07 expired Dec 21 reach 1527 from down at first time
Jan 31 Statement cut