- Nov 8, 2006
- Reaction score
- Milwaukee, WI
- Political Leaning
Volume and an 800 handle yesterday may indicate such. This will play out over time and a clearer picture will present..
There's no indication that rate increases had any meaningful impact on yesterday's market drop. On the contrary, several earnings calls happened where companies reported on the significant threat that the trade war has to their businesses, and the drops followed. Rate increases weren't announced yesterday. Nobody is talking about rate increases as a problem on earnings calls. Rate increases have already been priced in.