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These Dow stocks — including Goldman Sachs — win big when rates are rising like they are nowIf rates keep rising over the next three months, buying shares of Goldman Sachs, Microsoft, Visa and Apple could be profitable trades, if history is a guide. ...and because the American Tax Payer bailed them out. Don't forget about that, please, when you tout about Banks and Financial Firms "winning" something. Thanks. Paying them interest on the money they parked at the Fed Reserve is a wrong way to use for tightening monetary. Taxpayers are subsidizing these banks. The Fed should go back to using reserve ratio or selling Treasuries.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »
Dow drops 800-plus points as bond yields fuel stocks' worst day in several months - Los Angeles TimesOCTOBER 10, 2018, 1:00 PM Stocks retreated Wednesday, with the Dow Jones industrial average losing more than 800 points in a selloff that accelerated in the final minutes of trading. Technology stocks fell especially sharply. The Dow and other major U.S. stock indexes fell more than 3%. Bull markets gotta correct at some point Months or years 😆 my portfolio has pretty much double since Donnie was elected. Keep reporting the bullshit though shit is garbage
Fonte: latimes - 🏆 11. / 82 Leggi di più »