5 things to know before the stock market opens Thursday

's news conference that central bankers: "Fail Again. No 'guts,' no sense, no vision!" The Fed's cut brought the target rate range down to 1.75% to 2%. The central bank also redcued by 30-basis-points the interest paid on so-called excess reserves.

Going forward "we are going to be highly data-dependent" in deciding on further rate moves, Powell added.The Hapag-Lloyd AG Leverkusen Express sails out of the Yangshan Deepwater Port, operated by Shanghai International Port Group Co. , in this aerial photograph taken in Shanghai, China, on Wednesday, Aug. 7, 2019.

Don't ever believe CNBC, what you should know and what they want you to know, 2 completely different things

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Gold little changed after Fed outlook disappoints

Do not put any faith or trust in Fed Chairman Powell. Stocks are poised for a major Bull Run.

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5 things to know before the stock market opens WednesdayU.S. stock futures point to a modestly lower Wednesday morning open on Wall Street ahead of what the markets in the afternoon expect to be the Fed's second interest rate cut this year. How many packages did FedEx expect to deliver to China's cities without people? Beijing went to surplus infrastructure spending to keep GDP going. Did FedEx think this could go on forever? Xi is a bad CEO, FedEx did not have to follow his lead?
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