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sludgehound

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sludgehound

Re: None

Wednesday, 08/26/2015 9:22:31 PM

Wednesday, August 26, 2015 9:22:31 PM

Post# of 648882
Goldman looks at how a 10% decline in equity prices has impacted the Fed in the past http://bloom.bg/1JlVSkb

Check out this short piece. Recent times are were in zero or neg ranges.

According to Goldman's Alec Phillips, this type of decline typically results in a lower fed funds rate -- by 15 basis points -- at the following meeting.

The greatest deception men suffer is from their own opinions.
~ Leonardo da Vinci

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