Expect a Rocky Return to ‘Normal Valuations’ By Martin Feldstein Thu, Nov 1, 2018 SHARE ON: TwitterFacebookLinkedIn The Fed's ability to fight the next economic downturn with monetary policy and the federal government's ability to fight it with fiscal policy will both be limited, writes our guest columnist. Already a subscriber? Log in here This article is FREE for you... Create a free account to access this article and get more Retirement Income Journal information sent to you by newsletter. Email Password Or, subscribe now for unlimited access and a free book sent to you! By submitting your email address you agree for Retirement Income Journal to send you communication by email