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The Fed is making the same mistake they did during the Great Depression - raising rates while asset were falling. Idiots
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How about earnings for the working class? Ha. Doesn't matter. Not newsworthy. Back in your holes slaves.
We're in for a full economic restructuring. Trump is a symptom of the failure of our political parties to correctly manage the economy. They got away from reality to avoid solving the climate crisis and betrayed us all.
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Global Stocks Echo Post-Fed Declines on Wall StreetStocks fell around the world after the Federal Reserve lifted short-term interest rates for the fourth time this year and provided forward guidance that was less dovish than some investors had expected. Anyone else notice Trump has stopped pointing to the Stock Market as evidence of single-handedly improving the American economy more than any prior President? Invest in Bitcoin. Chairman Powell did the right thing. As President Trump has said many times. This is the greatest economy in history! It can withstand a puny increase. Why is everyone panicking? They must believe Trump was lieing!
Source: WSJ - 🏆 98. / 63 Read more »
Stocks to bounce | Fed hikes, Wall Street sinks | Tepper says cash not badU.S. stock futures were drifting after Wednesday's sell-off on the Fed's fourth interest rate hike of the year and projections for two more next year. Politics aside, I read feds mission statements. I missed the part where it was necessary to squash an economic expansion. fedsucks
Source: CNBC - 🏆 12. / 72 Read more »
Tech stocks help Wall Street rebound, financials rise ahead of FedU.S. stocks rose roughly 0.5 percent on Tuesday after losing about 2 percent in ... Can only boost for so long...the inevitability that stocks will fall further is certain. They were fast to blame Trump for stock market when it goes through the roof he should get the credit
Source: Reuters - 🏆 2. / 97 Read more »