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The Fed hints at multiple rate cuts in 2024. Powell suggests that we might be in a recession right now. Historically, every major rate cut led to a 30% S&P 500 drawdown.
Citizen Watch Report ^

Posted on 12/13/2023 2:34:52 PM PST by davikkm

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To: davikkm

My AMD stock went from $116.60 on 12-6-23 and on Wednesday 12-13-23 it was $138.19
In 5 trading days it went UP $21+ dollars 😁

Just as I thought it would happen. No more interest rate hikes and now news that interest rates will be lowered in 2024.

All due to the coming election.
The lies will be ramped up by Biden administration in 2024.


21 posted on 12/13/2023 11:55:14 PM PST by minnesota_bound (Need more money to buy everything now)
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To: jimwatx

#10 I checked my credit score at credit.com and it had fallen due to my having 5 cards with 3 paid off a long time.
I pay on time and never a ding. It was over 800 for years.
A+ for Payment History.
Now under because they gave me a B- for debt usage.
A ‘B’ for Account mix. 54 mo. Youngest Account, 219 mo. Oldest Account

I use the 2 other cards and have a 26% Debt to Limit Ratio.
My car was recently paid off (nov) so only 2 cards with debt.
Next January I will pay off the 2 cards thanks to stock going up.
Pay next year to avoid taxes for 2023 : )

I wonder if I will be dinged for not having any debt?..... !


22 posted on 12/14/2023 12:22:30 AM PST by minnesota_bound (Need more money to buy everything now)
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To: minnesota_bound

When I retired I paid off ALL debt mortgage included, if I don’t have the cash I don’t buy it!! My credit score with NO debt went down considerably HOWEVER I don’t care, first time in my life being completely debt free and it is fabulous!!!


23 posted on 12/14/2023 12:48:47 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: SunkenCiv
The Fed will do what it can to get Biden re-elected. They sure as hell don't want Trump looking into them...

24 posted on 12/14/2023 9:25:27 AM PST by GOPJ (Gutfeld: we 'get the jokes' but sometimes we're caught up with what you're saying -it's a compliment)
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To: davikkm

Sure they are...


25 posted on 12/14/2023 9:56:47 AM PST by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: mikelets456
Santa Claus rally bubble.

But yes, it is obvious who controls the economy.

...still, George Carlin was only 50% right, in that...

...it "ain't" a big club, it's a relatively SMALL club...

...but he was right, "it ain't US"

26 posted on 12/14/2023 10:07:54 AM PST by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: Honest Nigerian

“Your best chance in the stock market seems to be buy and hold.”

The biggest problem with “buy and hold” is that homo sapiens is really bad at it.

Stock markets crash now and then and the majority of investors panic—especially since those are the periods when the economy is hurting and they may get laid off from their jobs and need the money.


27 posted on 12/14/2023 10:14:43 AM PST by cgbg ("Our democracy" = Obey or get canceled.)
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To: GOPJ
The Fed doesn't give 2 ****s.

28 posted on 12/14/2023 10:25:42 AM PST by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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