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Alan Greenspan makes decisions in the S & P, NASDAQ, and DOW Jones markets. Alan Greenspan also approves interest rates, evaluate US currency against all other countries, makes sure the value of the dollar is at the best interest of the economy, decides on economic policies, and among many other things that I have yet to learn.
The third paragraph into the article talks about fear of rising interest rates will negatively affect corporate profits. I do not understand how rising interest rates will negatively affect corporate profits. One guess might be due to the increase in interest rates, the percentage earned on stocks will decrease...
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