Posted on 02/08/2016 7:59:26 AM PST by John W
But the tiny change in interest rate would be more of a longer-term change than oil price fluctuation. Anyway, the bigger and more long-range future problem is China, also so I’ve been told.
It’ll be time to buy once the DOW gets below 11,000 or so.
Everything is a lie now. All numbers published aren’t even accurate...about anything.
^ This + 1
what? Obama says the economy is the best ever.
But still, we need fundamental changes in the way governments interact with private business. It's time for a major audit of EVERY Federal, state and local business regulations and phase out any unneeded and/or obsolete law for starters. And we need fundamental reform of tax laws to make compliance costs very low and encourage savings and capital formation staying in the USA.
Hung around that vicinity all day, small recoveries then back down. You’d think one of these days Obama’s protection would run out and a really disastrous day would happen on his watch.
Looks like The magic Negro’s luck has held, coming back nicely for him.
Today: US and European equity gauges are extending recent losses after Japanese stocks plunged and yields on the country’s benchmark bonds turned negative as the global “risk-off†rout hit Asia.
Investor fretting has caused a dash for traditional havens, helping gold hold eight-month highs at $1,194 an ounce and boosting the yen.
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