RichFeloni There’s wars going down in the Middle West aptaube
The downside of that for me would be that I don't want to ever live in the Midwest. There's a reason people don't flock there.
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Steve Rattner charts the volatile stock marketThe Federal Reserve raised interest rates Wednesday and the stock market promptly crumbled, putting the Standard & Poor’s index on track for its worst December since the Great Depression. What is going on? Steve Rattner returns with charts to discuss. SteveRattner SteveRattner Why 15, not 12 or 18 or 9? SteveRattner So much losing realDonaldTrump
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The Fed has lost the trust of the market, says CNBC's Steve Liesman'The Powell Fed seems to have a problem setting expectations for the market, which clearly went into the meeting expecting a more dovish outcome than they got,' senior economics reporter Steveliesman said. steveliesman If they hadn’t hiked - and what is the real impact of 25bp? a) the market might have taken it as a negative signal and reacted even more b) Powell can’t be seen to roll over for the (disgusting) bully Trump. Plenty of time to send more dovish signals down the line steveliesman Why the market expected something more is beyond me. He’s been very clear about the Fed’s direction. steveliesman That's the problem with hiring a baker to cook the perfect pan seared steak, it's always over cooked! Hello!
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