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Wall Street celebrates historic rate hike [W:78]

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Astrodome

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U.S. stocks rallied as investors cheered the Federal Reserve's historic decision to raise interest rates for the first time since 2006. The move represents a major vote of confidence in the American economy's recovery from the Great Recession, which caused the Fed to slash rates to zero for the first time ever.
The market gathered momentum after Fed chief Janet Yellen reassured Wall Street during a press conference that the Fed will be very gradual about further rate hikes.
The Dow jumped 224 points, while the S&P 500 and the Nasdaq advanced about 1.5% apiece. The S&P 500 also returned to positive territory on the year.
Wall Street celebrates historic rate hike - Dec. 16, 2015


Looks as if our economy continues to improve, as the fed feels comfortable enough to raise interest rates and the stock market rallies in response..............
This, of course, is bad new to Republicans.
 
Re: Wall Street celebrates historic rate hike

My retirement fund went up a few bucks, no complaints here.
 
Re: Wall Street celebrates historic rate hike

Rate hikes aren't historic. What was historic was lowering rates to 0% and keeping them there for so long.

Not sure how this is "bad new" to Republicans. What's bad about an improving economy?
 
Re: Wall Street celebrates historic rate hike

Astrodome said:
U.S. stocks rallied as investors cheered the Federal Reserve's historic decision to raise interest rates for the first time since 2006. The move represents a major vote of confidence in the American economy's recovery from the Great Recession, which caused the Fed to slash rates to zero for the first time ever.
The market gathered momentum after Fed chief Janet Yellen reassured Wall Street during a press conference that the Fed will be very gradual about further rate hikes.
The Dow jumped 224 points, while the S&P 500 and the Nasdaq advanced about 1.5% apiece. The S&P 500 also returned to positive territory on the year.
Wall Street celebrates historic rate hike - Dec. 16, 2015


Looks as if our economy continues to improve, as the fed feels comfortable enough to raise interest rates and the stock market rallies in response..............
This, of course, is bad new to Republicans.
Click to expand...

How is this Bad News to Republicans ??

A rate hike in a bad economy is not something to brag about
 
Re: Wall Street celebrates historic rate hike

Fenton said:
How is this Bad News to Republicans ??

Considering the fact that there are still 94 million Americans not in the Labour force, and there have been millions more added to th
Click to expand...

94 million? :lol:
Ted Cruz says 92 million Americans aren't working | PolitiFact
But neither Cruz’s 92 million figure nor the actual 101.7 million figure is especially meaningful -- because they lump in both the young and the old.

Of the 101.7 million people who are not employed, 37.5 million are age 65 and over -- an age when Medicare kicks in and many Americans head into retirement. Another 11.9 million are between 16 and 19, meaning they’re either high-school-age or starting college. And another 8 million are age 20 to 24, when many are in college or graduate school.

Combined, these groups account for 57.5 million Americans -- or more than three-fifths of the number Cruz cited.
Click to expand...
 
Re: Wall Street celebrates historic rate hike

Fenton said:
You people sure go out of your way to marginalize the poor and unemployed.

It's like you pretend they don't exist.
Click to expand...

What are you talking about? :lol:
 
Re: Wall Street celebrates historic rate hike

It took 8 years for Republican leaders to totally destroy our economy and 7 years for Democrats to repair the damage......
 
Re: Wall Street celebrates historic rate hike

Fenton said:
You people sure go out of your way to marginalize the poor and unemployed.

It's like you pretend they don't exist.
Click to expand...

Their form of compassion is frightening.
 
Re: Wall Street celebrates historic rate hike

Blue_State said:
Their form of compassion is frightening.
Click to expand...

Wait, so calling out someone for blatantly distorting the # of working americans means the left has no compassion for the unemployed?
 
Re: Wall Street celebrates historic rate hike

Astrodome said:
U.S. stocks rallied as investors cheered the Federal Reserve's historic decision to raise interest rates for the first time since 2006. The move represents a major vote of confidence in the American economy's recovery from the Great Recession, which caused the Fed to slash rates to zero for the first time ever.
The market gathered momentum after Fed chief Janet Yellen reassured Wall Street during a press conference that the Fed will be very gradual about further rate hikes.
The Dow jumped 224 points, while the S&P 500 and the Nasdaq advanced about 1.5% apiece. The S&P 500 also returned to positive territory on the year.
Wall Street celebrates historic rate hike - Dec. 16, 2015


Looks as if our economy continues to improve, as the fed feels comfortable enough to raise interest rates and the stock market rallies in response..............
This, of course, is bad new to Republicans.
Click to expand...

The markets are doing better because the end of Obama is insight. ;)
 
Re: Wall Street celebrates historic rate hike

David_N said:
Wait, so calling out someone for blatantly distorting the # of working americans means the left has no compassion for the unemployed?
Click to expand...

That isn't what happened there. If that is the way you took it, sorry, you misread.
 
Re: Wall Street celebrates historic rate hike

WCH said:
The markets are doing better because the end of Obama is insight. ;)
Click to expand...


Ahh...that's how you Republicans try to spin it?..... :)
Looks like the markets have been excited for the end of Obama for some time now, because they've been rallying for a few years....
 
Re: Wall Street celebrates historic rate hike

Astrodome said:
It took 8 years for Republican leaders to totally destroy our economy and 7 years for Democrats to repair the damage......
Click to expand...

Oh wow...

The corruption and collapse of the Democrat run and protected GSEs " destroyed the economy ", not the Republicans.

And its been 7 years and the economy is still weak with 10's of millions of Americans that are STILL out of work and dependant on Government subsistence . Oh and ignored by the Left
 
Re: Wall Street celebrates historic rate hike

Fenton said:
Oh wow...

The corruption and collapse of the Democrat run and protected GSEs " destroyed the economy ", not the Republicans.

And its been 7 years and the economy is still weak with 10's of millions of Americans that are STILL out of work and dependant on Government subsistence . Oh and ignored by the Left
Click to expand...

We've recovered better then the vast majority of the world from the recession.
The U.S. Recovered From The Recession Faster Than Every Country But Germany
I can't stand people who blatantly distort unemployment statistics, so I will not go down that route.
When you bring up the point about "dependent on government assistance." That's been on the rise for some time, and it makes sense, given the recession.
 
Re: Wall Street celebrates historic rate hike

Astrodome said:
U.S. stocks rallied as investors cheered the Federal Reserve's historic decision to raise interest rates for the first time since 2006. The move represents a major vote of confidence in the American economy's recovery from the Great Recession, which caused the Fed to slash rates to zero for the first time ever.
Click to expand...

My guess is that it was more likely a sigh of relief that the rate increase wasn't bigger.
 
Re: Wall Street celebrates historic rate hike

Astrodome said:
It took 8 years for Republican leaders to totally destroy our ***** and 7 years for Democrats to repair the damage......
Click to expand...

Replace ***** with any word you want and you can smile.

Try...

Middle East
Freedom
Gas Prices
Education System
Foreign Relations
 
Re: Wall Street celebrates historic rate hike

Fenton said:
Oh wow...

The corruption and collapse of the Democrat run and protected GSEs " destroyed the economy ", not the Republicans.

And its been 7 years and the economy is still weak with 10's of millions of Americans that are STILL out of work and dependant on Government subsistence . Oh and ignored by the Left
Click to expand...

Because of the collapse of our economy (under GOP President George Bush) millions of Americans became unemployed and our economy went into a recession. President Obama took over and immediately made changes and investments into our economy and it has grown ever since...........Can't make the same Republican mistake again......(Bush 1 / Economy slumped) (Clinton / economy improved (surplus)....... (Bush 2 / Economic recession) (Obama / Economy on the rise (To be continued)......
 
Re: Wall Street celebrates historic rate hike

Astrodome said:
It took 8 years for Republican leaders to totally destroy our economy and 7 years for Democrats to repair the damage......
Click to expand...

We'll have another go at it shortly. I think we can destroy it in four years this next time, and it'll take the democrats 500 years to correct it. We're that good.
 
Re: Wall Street celebrates historic rate hike

Astrodome said:
U.S. stocks rallied as investors cheered the Federal Reserve's historic decision to raise interest rates for the first time since 2006. The move represents a major vote of confidence in the American economy's recovery from the Great Recession, which caused the Fed to slash rates to zero for the first time ever.
The market gathered momentum after Fed chief Janet Yellen reassured Wall Street during a press conference that the Fed will be very gradual about further rate hikes.
The Dow jumped 224 points, while the S&P 500 and the Nasdaq advanced about 1.5% apiece. The S&P 500 also returned to positive territory on the year.
Wall Street celebrates historic rate hike - Dec. 16, 2015


Looks as if our economy continues to improve, as the fed feels comfortable enough to raise interest rates and the stock market rallies in response..............
This, of course, is bad new to Republicans.
Click to expand...

No it isn't. it is great that the economy has recovered despites Obama's attempt to derail the entire train.
the fact that the republicans in congress have stopped many of Obama's destructive policies have helped greatly
in getting the economy to recover.
 
Re: Wall Street celebrates historic rate hike

humbolt said:
We'll have another go at it shortly. I think we can destroy it in four years this next time, and it'll take the democrats 500 years to correct it. We're that good.
Click to expand...

What was the last Republican President to leave our economy on solid footing? Reagan?
 
Re: Wall Street celebrates historic rate hike

ludin said:
No it isn't. it is great that the economy has recovered despites Obama's attempt to derail the entire train.
the fact that the republicans in congress have stopped many of Obama's destructive policies have helped greatly
in getting the economy to recover.
Click to expand...

Our economy was improving prior to Republicans taking over Congress and their attempts to defund America......But, good attempt to spin it :)
 
Re: Wall Street celebrates historic rate hike

HenryChinaski said:
Why would I complain about my 401K increasing? When the DOW goes up so does the retirement plan.
Click to expand...

I didn't say anything about you "complaining".

You said it already increased. How so? This just happened yesterday and the Dow closed only 220+ points up.
 
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