strengthened the Federal Reserve's position on the need for more aggressive interest rate hikes.
"Not only is the Federal Reserve going to raise rates by 75 bps next month, but there is now a possibility that they will raise rates by another 75 bps in December," predicted Chris Zaccarelli, chief investment officer for Independent Advisor Alliance. "A hawkish reaction to the data could add more pressure to stocks," Anderson Alves of ActivTrades said in a report.
Only have one administration to answer , ask your self what is different than 2 years ago ,people are being bled dry with the cost to live , Biden-O-nomics have created this economic disaster , people are taking 2nd and even 3rd jobs to make ends meet , jobs report of 260k wonder
The Dow is currently up 388 at 10:30 cst. Maybe hold off on the fear articles until the market closes
Can we please talk about CORPORATE PROFITS!
I can't figure out how decreasing my stock value by 50% is helping me or the economy. I think the Fed is working for Putin at this point.
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