| Between Fed's .75 bp (maybe 1.0) increase and Putin's threats early this morning, depending on Powell comments, today could be rough. Before Putin's comments, I think if Powell had announced the increase, but made some comment about making progress, I think the market would have gone up. |
Sure, but again, unless you are retiring soon, should you take advantage of this and buy like crazy? If you are still saving for retirement in 10+ years. |
I hope you're a bot not a voter. |
Says the oil lobbyist |
The Fed and the WH, where Yellen was saying it was fine to do larger and larger stimulus packages. We should give an award to Sen. Manchin, though. He saw this and prevented making things even worse. |
You’ve got to be kidding me. They just rode an insane move up and now they should be concerned about a minor pullback? Unless they got into GME and crypto at the top, they are fine. You know who wasn’t fine? The younger generation that have been disproportionately screwed by pretty much everything. |
Small caps, mid caps and foreign stocks did OK during this time actually. So if you were all in the DOW, then sure, you had a decade of no returns. Sectors may go through long dry spells but thats why you diversify. |
what's your definition of crashing? as of today (midday), the Dow is down 15%, S&P 500 down 19% and NASDAQ down 27% for the year. That's what I would call a correction - one that has been LOGN overdue. and just for kicks, what would have the Fed do? |
| The stock market has extra in it because the interest rates have been so low so long. People are moving some money to CDs and other interest bearing accounts. It in end it will be a more balanced economy. The rise in interest rates is a good thing. N |
Are you really that ignorant about economics? |
| Everyone was fine with the possibility of inflation when they were handing out free stimulus checks and child tax credits. Now it’s time to pay the piper and everyone is big mad. Actions have consequences and this was totally predicted. |
Inflation is mostly from supply chain, Chinese lock downs and Ukraine war. There have been no new checks and yet inflation persists You right wingers have been crying “Inflation is coming” for going on 2 decades; predictions meet broken clock. |
I’m not a right winger, not even close. Not everyone who disagrees is a Republican. |
Still doesn’t change the fact that predictions are nonsense because the raise the inflation bogey man all time. |