Dow and S&P have closed at record highs. Mortgage rates are coming down. Gotta

Report problem with this ad

Sep 19, 2024
3:27:38pm

Nikomedes Dupe Hunter

say, the economy is looking pretty darn good these days!

Yahoo Finance

Stock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoria

Wall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-close-at-record-highs-nasdaq-surges-amid-rate-cut-euphoria-200045001.html

Report problem with this ad

Nikomedes

Bio page: Nikomedes
Joined: Oct 18, 2010
Last login: Sep 19, 2024
Total posts: 23,564 (12,319 FO)

Report problem with this ad

Messages

Author

Time

Dow and S&P have closed at record highs. Mortgage rates are coming down. Gotta

Nikomedes

3:27pm

Probably a good time to sell

Chester Copperpot

3:28pm

Yep. They always cut rates because things are going well.

Niiineteeen84

3:35pm

I wanted someone to ask Powell if the economy is tanking or are you being

Ycrazy

3:39pm

Always looks great before it doesn't.

BYU71

3:42pm

Fed previously said it was holding rates until some economic markers were met. Yet, that doesn’t seem to be why they

BW84

3:48pm

As I posted earlier earlier, I think the opposite I’m bracing for recession

johnnybyu

3:58pm

Explain how it's political...

Blueto

4:05pm

Trump has openly stated that he wants more control over the Fed and he is not a

Ycrazy

4:07pm

Great idea to have a real estate mogul have more say on fiscal policy / interest

ForzaPuma

4:19pm

I agree I want the FED as independent as possible, but that was not the question

Ycrazy

4:29pm

Yes, I acknowledge the tangent

ForzaPuma

7:36pm

Um... but what about them exclusively raising the rate during this entire

Blueto

4:44pm

Because inflation was at 9%. You have to still do your job. I am not saying

Ycrazy

4:55pm

RE: Because inflation was at 9%. You have to still do your job. I am not

Blueto

5:06pm

Because letting 9% inflation continue would be a good political move?

Stock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoria

Posting on CougarBoard