30,183.78
−522.45 (1.70%)today
The Fed cleaning up the Biden mess.
I don’t think they should have a definitive target.
"My 401k is doing just fine as a 301k!""My 201k is up for the week!!"
"I will work another year or two."
"The markets always come back."
"The markets will shrug off the world-wide recession easily!
"At least my home is going up in val..... Oh shoot!"
Guessed that there was a lot of naked short selling to front run the expected big drop late today or tomorrow,
They have to raise rates because of totally an incompetent and unproductive delivery system and business management policies.
The way they are running it is scatter brained...
The Stock Market can’t see two weeks into the future?
Praying for the midterms. A GOP House and Senate will not cure everything but it might keep the libs from making it worse.
Why raise the rate?? We already have Biden’s Inflation Reduction Act in place!
I would guess that there will be at the very least $50,000 taxpayer dollars spent on each one, per year.
10,000,000 x 50,000= OH S**T!😳
Just keep those US Treasury printing presses rolling, 'cause we know printing money out of thin air doesn't contribute to inflation./sarc
Fed doing their part to ruin the country.
Down $6,000 since the first of the year.
Layoffs coming.
And the hikes will crater a good many businesses that relied on cheap money.
Thursday looks to be another down day. The market was up earlier in the day before the FED announcement. I am thinking it will start to go up later in the day.
It will be 6 weeks before the next FED rate hike and that is about 1 week before the Nov 8 election. I hope the stocks go up and up to at least where they were 1 month ago.
I wonder if it will be a small hike or none at all just to help the democrats.
Waiting for the NEEDLESS layoffs, forclosures and the suffering of the young in general all done to please old farts afraid of inflation.....