Skip to comments.
Dow drops 950 points after the Fed cuts rates, giving back more than half of Monday’s surge
CNBC.Com ^
| Published Mon, Mar 2 20206:02 PM ESTUpdated 10 min ago
| Fred Imbert, Jesse Pound, Eustance Huang
Posted on 03/03/2020 11:38:30 AM PST by BradtotheBone
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61 next last
Not looking good....
To: BradtotheBone
Makes no sense.
That should have driven the market up................
2
posted on
03/03/2020 11:41:16 AM PST
by
Red Badger
(If people were to God like dogs are to people, the world would be a really great place..............)
To: Red Badger
It is difficult to overcome the media-driven panic and the deep stater shenanigans all over the place at every level. However, this too shall pass. MAGA! KAG!
3
posted on
03/03/2020 11:42:46 AM PST
by
hal ogen
(First Amendment or Reeducation Camp???)
To: All
So the fed does this after the rebound? I have no confidence in this guy, none.
4
posted on
03/03/2020 11:42:50 AM PST
by
gibsonguy
To: Red Badger
The market was up about 600 at one point.
The index funds are moving this market. Wild gyrations.
5
posted on
03/03/2020 11:43:29 AM PST
by
Obadiah
(Kill the deep state or lose the Republic.)
To: BradtotheBone
The fed cutting the rate in HALF looked like an act of desperation..early this morning the stock market was up slightly they should have left things alone and seen what happened, there was NO reason to do such a drastic rate cut, a quarter I can understand but half??
To: hal ogen
Commie media panic to hurt Trump..that is what this is ALL about..in 2009-2010 during the Swine flu which killed THOUSANDS of Americans, the stock market did not suffer
To: Red Badger
That should have driven the market up................Except that it's a signal that the Fed is nervous.
8
posted on
03/03/2020 11:45:37 AM PST
by
Bubba Ho-Tep
("The rat always knows when he's in with weasels."--Tom Waits)
To: BradtotheBone
Predictable. The market will be a roller coaster until this virus fizzles out.
9
posted on
03/03/2020 11:45:42 AM PST
by
DivineMomentsOfTruth
("There is but one straight course, ad that is to seek truth and pursue it steadily." -GW)
To: BradtotheBone
The rate cute seems to have spooked the market rather than reassuring it. Or maybe this would have happened anyway.
To: BradtotheBone
England and Germany markets are up, go figure. Too many Americans are easy to heard into panic by the msm, just look as several here on FR. Six months from now, the markets will be fully recovered and sanity will return.
11
posted on
03/03/2020 11:46:20 AM PST
by
JoSixChip
(I'm an American Nationalist)
To: Sarah Barracuda
Swin Flu didn’t bork the supply chain from China. Blame globalism.
To: BradtotheBone
When the Fed Funds Rate is at 1.75%, any cut will be inconsequential at best and a signal of panic at worst.
A Fed rate cut at this point is like asking an anorexic person to lose weight.
13
posted on
03/03/2020 11:46:35 AM PST
by
Alberta's Child
("Oh, but it's hard to live by the rules; I never could and still never do.")
To: BradtotheBone
Hedge fund traders auto trading based on models.
14
posted on
03/03/2020 11:49:17 AM PST
by
ncalburt
(Gop DC Globalists)
To: BradtotheBone
Hedge fund traders auto trading based on models.
15
posted on
03/03/2020 11:49:19 AM PST
by
ncalburt
(Gop DC Globalists)
To: BradtotheBone
I think the fed tanked the market. By doing this during the trading day, which was very unusual, they made everyone scared the fed must know something we don’t. Also, a lot of the market is controlled by software algorithms. A sudden rate drop during trading triggered automatic selloffs.
The fed should know better they either bungled this, or did it on purpose.
16
posted on
03/03/2020 11:49:36 AM PST
by
Williams
(Stop Tolerating The Intolerant)
To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
And now you know why the Fed did it.
17
posted on
03/03/2020 11:50:37 AM PST
by
SunkenCiv
(Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
To: JoSixChip
This always happens.. market shoots up and people start taking profits.. then buy again on another dip. Manipulators.
18
posted on
03/03/2020 11:51:43 AM PST
by
DivineMomentsOfTruth
("There is but one straight course, ad that is to seek truth and pursue it steadily." -GW)
To: BradtotheBone
The only defense of the Fed is that they are acting for the whole economy, not just the markets. But certainly the economy could have waited 6 hours until after the trading day.
19
posted on
03/03/2020 11:51:47 AM PST
by
Williams
(Stop Tolerating The Intolerant)
To: Sarah Barracuda
in 2009-2010 during the Swine flu which killed THOUSANDS of Americans, the stock market did not sufferThe stock market had already crashed at that point after the Financial Crisis. There wasn't room for it to go down.
20
posted on
03/03/2020 11:52:09 AM PST
by
Bubba Ho-Tep
("The rat always knows when he's in with weasels."--Tom Waits)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61 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.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson