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Stocks surge as investors hope Fed will slow its rate hikes

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NEW: U.S. stocks rise sharply after Jerome Powell hinted the Fed might be willing to raise interest rates at a slower pace next year, a potential relief for investors worried about slowing economic growth.

 

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WHEN DOES EVERYONE OTHER THAN THE 1% GET ANY FUCKING RELIEF?

Not bad

So if you didn't sell last week then you lost nothing.

Liberal/Progressive business leaders managed to step on the economy just long enough to turn the House of Representatives Democrat.

Just like Trump ordered

Is this a buying opportunity?

I mean, are we really just going to sit back and do nothing while we watch our democracy fall apart right before our eyes? McConnell is literally an inside man for realDonaldTrump, he was supposed to be the check on Executive corruption..VOTE 20/20..

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El-Erian: Fed chief Jerome Powell is trying to break the market's central bank 'co-dependence'Powell would likely say 'it's about time the markets stand on their own feet' in response to stocks sinking Wednesday following his press conference, economist Mohamed El-Erian says. elerianm His dual mandate is intrinsically linked with the overall health of US equity markets. elerianm The markets have been thriving on the sugar rush from the high levels of cheap liquidity. This is the crash from that rush. elerianm I wonder if it occurs to anyone both how futile and stupid that is. The Fed's mandate is to effect both inflation and unemployment which the market is very interested in and affected by.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Mohamed El-Erian: Fed chief Jerome Powell looks to break the market's central bank 'co-dependence'Jerome Powell would likely say 'it's about time the markets stand on their own feet' in response to stocks sinking Wednesday following his press conference, economist Mohamed El-Erian says. elerianm so 2008 was when America was great? Mission accomplished Mr. President. elerianm Mohd El Erian? Serves fake news media just right elerianm Yellen raised rates without this kind of disruption. Why isn't Powell following same communication strategy?
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »