Aswath Damodaran
Published on Sep 8, 2015
The Fed does not set rates, has had only a marginal role in keeping rates low and its effect on stock prices is debatable. Heresy, right? On the eve of another FOMC meeting, my views on central banking myths.
Blog post:http://aswathdamodaran.blogspot.com/2...
Slides: http://www.stern.nyu.edu/~adamodar/pd...