Posted on 11/02/2022 11:11:15 AM PDT by ChicagoConservative27
Dow now down 275.
The House and Senate leaders need to set the narrative on day one that this is going to be a bad couple of years due to the Biden recession.
Gonna see a lot of these snotty real estate agents who’ve been living high on the hog now eat some humble pie.
If mine has to move back, he’s going to pay my utility bills.
It’s a racket. The ups and downs of this kind of stuff comes every few years. It’s a planned thing.
And the Dow jumped 300 points! <<<
That was just the Fed PPT buying in the morning.....
Everyone else is selling....Hence the market closed down 500+ points..
ummm DOW closed down 505.44
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”
― Alexis de Tocqueville
Congratulations!!!.....
and if you sold today..you'll be 1 of the lucky few that sold at the TOP! ..../s
What I want to know why the market doesn’t seem to get that the hikes are coming. Why does it run up then act all butt hurt when the fed does what it said it would do?
If we don’t have a recession this is all for nothing. Bring i. The sooner the better.
They always do and more so now with things moving faster..it used to take months for commercial rates to go up. Almost instant now.
Some big banks have started online savings accounts that pay much higher interest than the traditional brick and mortar banks.
Here is a partial list:
https://time.com/nextadvisor/banking/savings/rates/
You can search online for “high interest savings accounts” to get additional lists.
Been there before.
Into each life a little rain...
They will be stronger for it.
Congress can just say we will not spend the $4.6 trillion in new spending they passed these last several months. That would cut inflation way down. The Biden / obama cabal can say we will remove all restrictions on oil and gas. The economy would improve greatly.
The politicians will not as that would help others and not just themselves. They are ok with you paying greatly for their bad actions.
I don’t think we can ignore it at this point and I’m no old fart. The federal government is about 18% of GDP. What are the state’s portion now? We need to have real interest rates and the government not picking winners and losers in the economy.
To those that want to crash the economy on purpose? F U.
It takes so little to tweak your nose. Just too easy.
You must stay pissed off all the time.
So little. Right. The Democrats are going to use rising interest rates to crash the economy and let the Republicans take the blame for it. And some Republicans want that!!!!
Many were too good for time with the customer. There are always good ones out there. I know a couple of that variety.
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.