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Fridays are tough when the economy is slowing, and interest rates are rising.

But there's something else interesting to look at, more on that in a bit...

1 posted on 10/07/2022 1:11:50 PM PDT by SaxxonWoods
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To: SaxxonWoods

81 million alleged votes later.....


2 posted on 10/07/2022 1:13:17 PM PDT by cranked
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To: SaxxonWoods

Wow...NYSE down 630.


3 posted on 10/07/2022 1:13:38 PM PDT by moovova
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To: SaxxonWoods

The worst scenario of all, when it’s not safe to be in stocks OR bonds.


4 posted on 10/07/2022 1:16:35 PM PDT by fwdude (Racism is not dead, but it is on life support - kept alive by politicians….” — Thomas Sowell)
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To: SaxxonWoods

The Fed has to destroy the economy to slow down their interest rates.

As of now, the economy has been very robust against such actions. Higher unemployment will likely bring forth a stock rally in anticipation of a Fed pivot.


5 posted on 10/07/2022 1:19:49 PM PDT by Theoria
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To: SaxxonWoods

Could someone explain what’s going on? Dollar keeps strengthening, oil prices rising, gold is all over the place, jobs added, inflation continues to increase, but call for disaster while job *again) being added?


9 posted on 10/07/2022 1:26:10 PM PDT by mikelets456
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To: SaxxonWoods

Biden’s 685 new jobs added since he came to power didn’t impress investors.


10 posted on 10/07/2022 1:28:43 PM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: SaxxonWoods

Closing numbers =>

DJIA => 29,296.7; -630.15 pts; -2.11%

NASDAQ => 10,652.41; -420.91 pts; -3.8%

S&P 500 => 3,639.66; -104.86 pts; -2.8%


11 posted on 10/07/2022 1:29:32 PM PDT by Ken H (Trump /DeSantis)
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To: SaxxonWoods

Wow, of this keeps up, we could go into a recession.


12 posted on 10/07/2022 1:30:03 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: SaxxonWoods

To do gradual changes with interest rates is one thing, but if the goal is really to tame inflation, why isn’t gov spending reined in.


13 posted on 10/07/2022 1:33:08 PM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: SaxxonWoods
In the near term, the best thing to happen to this economy is for the Republicans to win the midterms. You will see and instant and sustained rally.

19 posted on 10/07/2022 1:59:51 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: SaxxonWoods

I was out there today catching falling knives. Lol
Buy when others are selling.
Sell when others are buying.
Very simple rule.


29 posted on 10/07/2022 3:27:08 PM PDT by entropy12
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To: SaxxonWoods

Is a Thank You Biden in order?


31 posted on 10/07/2022 3:33:44 PM PDT by existentially_kuffer
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To: SaxxonWoods

BUILD BACK BETTER


34 posted on 10/07/2022 4:21:24 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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