Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

FED CUTS FED RATE 50 BASIS POINTS
Yahoo ^ | March 3, 2020 | Brian Cheung

Posted on 03/03/2020 7:10:27 AM PST by L,TOWM

The Fed said the “fundamentals of the U.S. economy remain strong” but that the coronavirus “poses evolving risks to economic activity.” Fed Chairman Jerome Powell will be holding a press conference at 11 a.m.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Breaking News; Business/Economy
KEYWORDS: covid19stockmarket; debtbomb; economy; fed; fedrate; finance; interest; racetozero; stockmarket
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-109 next last
To: Paladin2

As typical on Fed rate days..the market gyrated..digested the news..decides it doesn’t like it..headed back down as it was this morning before the rate cut.


41 posted on 03/03/2020 8:25:52 AM PST by RummyChick
[ Post Reply | Private Reply | To 36 | View Replies]

To: central_va

“Who gives a sh*t about the world economy!?”

If you are an investor you better give a sh*t. The fact you don’t see the connection between the rest of the world and us from an economic perspective indicates you need a remedial course in economics in this day and age.


42 posted on 03/03/2020 8:26:49 AM PST by billyboy15
[ Post Reply | Private Reply | To 19 | View Replies]

To: Codeflier

Right on!


43 posted on 03/03/2020 8:26:56 AM PST by laplata (The Left/Progressives have diseased minds.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Sarah Barracuda

It might change up. “Powell the Putz” often causes the market to go down when he speaks.

It might recover this afternoon....or not.


44 posted on 03/03/2020 8:27:28 AM PST by RummyChick
[ Post Reply | Private Reply | To 40 | View Replies]

To: VanDeKoik; BushCountry

We need common sense knuckle control! More people are killed by good old fashioned fist beatings than rifles.


45 posted on 03/03/2020 8:27:30 AM PST by Kickaha (See the glory...of the royal scam)
[ Post Reply | Private Reply | To 15 | View Replies]

To: RummyChick

Btw, for those watching USA mask maker APT followed by hedge funds...look at the gyration of it today.

Watch for news to come out. (not about the stock..just in general)

Something has caused it to spike


46 posted on 03/03/2020 8:30:10 AM PST by RummyChick
[ Post Reply | Private Reply | To 44 | View Replies]

To: L,TOWM

“I have my own theory and it lies in the political realm.”

AHA!! You must mean that secret group of people who in dire times and huge mkt selloffs buy equities for especially set up entities in order to create momentum in the market.

The legendary “Plunge Protection Team”

Right?


47 posted on 03/03/2020 8:31:15 AM PST by billyboy15
[ Post Reply | Private Reply | To 31 | View Replies]

To: 1Old Pro

Ten-year bond yield is plunging, down to all-time low of 1.02%.


48 posted on 03/03/2020 8:32:42 AM PST by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
[ Post Reply | Private Reply | To 2 | View Replies]

To: 2banana

It could help keep companies investing despite short-term dips in profitability, however.


49 posted on 03/03/2020 8:47:05 AM PST by 9YearLurker
[ Post Reply | Private Reply | To 4 | View Replies]

To: BushCountry

Just a guess. Perhaps you aren’t, and don’t have as a loved one, someone elderly and immune compromised in a high-risk location?


50 posted on 03/03/2020 8:48:28 AM PST by 9YearLurker
[ Post Reply | Private Reply | To 12 | View Replies]

To: Paladin2

Your question alone makes plain talk’s point.


51 posted on 03/03/2020 8:49:42 AM PST by 9YearLurker
[ Post Reply | Private Reply | To 32 | View Replies]

To: 1Old Pro
The Dow Jones Industrial Average was up 183 points...

Stocks Drop Despite Surprise Fed Rate Cut

Dow industrials drop more than 500 points, Treasury yields fall after Federal Reserve cuts rates


52 posted on 03/03/2020 8:50:03 AM PST by Brown Deer (America First!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Brown Deer

This will blow over in the coming months. Rome wasn’t built in a day.


53 posted on 03/03/2020 8:50:53 AM PST by 1Old Pro
[ Post Reply | Private Reply | To 52 | View Replies]

To: NELSON111

“Are you aware of why? Hint - it wasn’t because a lot of investors saw cheap stocks and decided to jump back in. “

If your group of informed investors did not see it that way, that was their fault. Mine jumped back in early yesterday morning, before any news or comments by anyone, because they rightly saw the previous week’s decline was based on panic, not better information.


54 posted on 03/03/2020 8:54:52 AM PST by Wuli
[ Post Reply | Private Reply | To 29 | View Replies]

To: plain talk
re. I was so grateful to get a 13% mortgage. This current generation has no idea what that was like.

Indeed. When we were last house-hunting (1982), rates were running 14-16%. The developer for the new area we ended up in was offering graduated rate financing - started at 7%, up 1% a year, capped at 10%. We took them up on it.

55 posted on 03/03/2020 8:54:58 AM PST by ken in texas
[ Post Reply | Private Reply | To 30 | View Replies]

To: L,TOWM

PFL


56 posted on 03/03/2020 8:55:46 AM PST by FtrPilot
[ Post Reply | Private Reply | To 1 | View Replies]

To: Moonman62

The cut brings the funds rate more in line with the market. The Fed was manipulating rates to be above the market for way too long.


This

However, the market manipulation of the Fed and their reasoning for doing so on a historical basis is difficult to rationalize and cannot be viewed absent politics. They kept us on a sugar high that masked the economic malaise of the last administration. Up to this cut announced today they have seemingly acted to dampen the economic surge under the current administration.

Trump has been correct in his assessment and his criticisms, but I am not sure why they acted so dramatically today.


57 posted on 03/03/2020 8:59:04 AM PST by volunbeer (Find the truth and accept it - anything else is delusional)
[ Post Reply | Private Reply | To 11 | View Replies]

To: L,TOWM
Holy Schneikies! Look at Gold and Silver GO, today! Ya-Hooooo!

http://www.321gold.com/

58 posted on 03/03/2020 9:01:59 AM PST by Diana in Wisconsin (I don't have 'hobbies.' I'm developing a robust post-Apocalyptic skill set.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: billyboy15

The USA only exports 6% of GDP. Exports, while important, are not that important compared the 94% OF GDP NOT DEPENDING ON THE “WORLD” ECONOMY..


59 posted on 03/03/2020 9:03:14 AM PST by central_va (I won't be reconstructed and I do not give a damn....)
[ Post Reply | Private Reply | To 42 | View Replies]

To: plain talk

Yes we have enjoyed cheap and easy money for a while now.

...

We’ve gone through cycles of cheap, neutral and tight money.

The money was cheap to make up for Obama’s bad policies, but tight to fight Trump’s good economic policies. I base my assessment on the current markets, not history.


60 posted on 03/03/2020 9:03:33 AM PST by Moonman62 (Charity comes from wealth.)
[ Post Reply | Private Reply | To 30 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-109 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson