Why would I talk about something that boring?
Love Trading Places.
I'm starting to agree with some of you that Trump can't seem to pick good people. Raising the rates when the market is dropping makes no sense.John Q. Public wrote:QR_BBPOST Could it be that Powell's pushing back against the tariffs? I don't think they would have done it in a down market under normal circumstances.
What was your first clue?Professor Fate wrote:QR_BBPOST Trump can't seem to pick good people.
The rates were artificially kept low for a real long time - like 10 years - in response to the 2008 financial crisis. I think they need to get back to a more normalized state, but really can't speak with any authority on this.Professor Fate wrote:QR_BBPOST I'm starting to agree with some of you that Trump can't seem to pick good people. Raising the rates when the market is dropping makes no sense.
Bick wrote:QR_BBPOST Market historically retreats about 50% of the run-up. I've been in short term treasuries / CD's for about a year now.
Start doing your homework to go long at around 22,000. Lot's of high quality companies will be on sale.
Does this conversation sound familiar to you?Wabash wrote:QR_BBPOST Even better when someone claiming expertise doesn't see it for the reality that it is.
Wabash wrote:QR_BBPOST I think tariffs are only part of why the market is down.
The real problem is Trump and the tax cuts for corporations and the wealthy. They are now almost exactly a year old.
Reason: troll removed