https://www.usatoday.com/story/money/2018/12/20/dow-jones-fed-rate/2373928002/
The worst December for stocks since 1931 keeps getting worse.
The Dow remained under pressure and closed sharply lower again Thursday amid a negative reaction to the Federal Reserve's latest interest rate hike and suggestion that two more increases are coming next year. Investors fear the continued rise in borrowing costs will cause the economy to slow.
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As I anticipated, the Christmas Bump in the markets has turned into the Trump Slump. The market does not take well to chaos & they're having a fire sale on that commodity at the moment.
https://www.usatoday.com/story/money/2018/12/20/dow-jones-fed-rate/2373928002/
The worst December for stocks since 1931 keeps getting worse.
The Dow remained under pressure and closed sharply lower again Thursday amid a negative reaction to the Federal Reserve's latest interest rate hike and suggestion that two more increases are coming next year. Investors fear the continued rise in borrowing costs will cause the economy to slow.
================================
As I anticipated, the Christmas Bump in the markets has turned into the Trump Slump. The market does not take well to chaos & they're having a fire sale on that commodity at the moment.
Any increase in the Stock Markets is due to Trump and any decline in the Stock Markets is due to socialist liberals. Didn't you know, Trump logic.
https://www.usatoday.com/story/money/2018/12/20/dow-jones-fed-rate/2373928002/
The worst December for stocks since 1931 keeps getting worse.
The Dow remained under pressure and closed sharply lower again Thursday amid a negative reaction to the Federal Reserve's latest interest rate hike and suggestion that two more increases are coming next year. Investors fear the continued rise in borrowing costs will cause the economy to slow.
================================
As I anticipated, the Christmas Bump in the markets has turned into the Trump Slump. The market does not take well to chaos & they're having a fire sale on that commodity at the moment.
Socialist liberals don't have any thing to do with the stock market or they are not really socialist liberals.eace
Experts have been backing up my feeling that the current market is a bubble just like the dot.com bubble that burst when Bush the Younger got elected. I had been day trading & had made (and then lost) $150K. Corning Glass, I recall, went from $300/share to $3 overnight. When this bubble bursts we're going to be in for a major recession or perhaps a major depression. Major depressions have happened periodically. I haven't studied the market as I got out of it & into an annuity that pays me monthly a nice return.
Thank you Powell. The Trump haters love you when they should be hating you.
Actually, there are 2 forces at work here. 1) The stock market is overpriced, and a correction was going to happen, and 2) If interest rates are not raised, then we risk runaway inflation. Trump is not responsible for either of these forces.
To be fair....
1) Trump does not get credit for the economy improving. That was happening long before he took office. Obama does not get the credit either. The recovery was nothing more than gaining back losses that occurred in the last market crash. It also recovered a little too well in that the market became overpriced, due to overheating.
2) Trump does not get the blame for the market crashing now. Natural market forces are at work here, and a major correction has been in the cards for some time. That correction is what we are seeing now.
We get it, Individual-1, who lambasted the Fed for keeping interest rates low while Barack Obama was president, is demanding that it keep rates low now that he’s in the White House.
Except that Individual-1 took credit for both the economy and stocks rising. So, he can’t runaway from blame now that stocks are falling.
Moreover, his scaring investors can’t be understated. The tariffs coupled with erratic Middle East policy coupled with playing chicken with a government shutdown is spooking markets.
Quite disputable. Lately the markets are nervous. It's not just that stocks are down; they're down despite big increases in after-tax profits. The markets are worried that if and when something goes wrong, Individual-1 is likely to throw a temper tantrum rather than respond sensibly. All advisors that might guide sensile policy have been replaced with know-nothings -- and now he wants to replace the Fed Chairman, that he appointed not even a year ago (22Irrelevant.
The Fed caused the stocks to nosedive. Indisputable.
Two years? It only seems like forever. The markets have been falling all year.The tariffs, Trump's policy...has been known for two years. Stocks have risen. The Fed opens their mouth...stocks drop.
You are full of bull****.
You have to raise interest rates so when the next recession comes in the very near future you can then lower them again to try and ease it.
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