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Q: Could this be a re-run of Greenspan Fed in...>

FED
FED: Q: Could this be a re-run of Greenspan Fed in 1987 where Fed cut rates and
then were forced to hike as the economy quickly recovered?
- A: Keep in mind the 1987 crash was far more severe for equities. Recent
decline has been "chump change" in comparison. Has been big run-up in equity
prices recently and some commentary suggests Coronavirus has been catalyst for
profit-taking rather than major turnaround in sentiment toward stocks.

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