The National University System was established in 2001 to meet the emerging challenges and demands of education in the 21st century. The System is uniquely aligned to connect a diverse population of students to a network of innovative educational programs that are relevant to their lives, careers, and the marketplace and are delivered in a format that respects competing life priorities.
Roger Showley, SAN DIEGO UNION-TRIBUNE
Friday, August 28, 2015
Kelly Cunningham, National University System
Answer: YES
There have only been two periods in U.S. history when stocks rose as quickly in six years as happened since 2009. In both cases (1923-29 and 1993-99), a bear market soon followed. Similar to 1937, Fed tightening will not only cause the stock market to drop but send the economy into recession. The Fed does not know how much tightening will knock over the apple cart, or exactly how to fix it when it does.
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