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Sep 19, 2024
3:27
:38
pm
Nikomedes
Dupe Hunter
Dow and S&P have closed at record highs. Mortgage rates are coming down. Gotta
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
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Nikomedes
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Nikomedes
Joined
Oct 18, 2010
Last login
Sep 19, 2024
Total posts
23,564 (12,319 FO)
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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?
BW84
5:08pm
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