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The Dow is currently rising slightly because the economy is showing signs of weakening. Investors are on the edge of their seats waiting for the Fed to lower interest rates in response to bad numbers. People will get hurt from a bad economy, but like Trump used to brag about doing investors will take advantage of it.
Dow Jones Industrial Average Treads Lightly Ahead of an Expected Rate Cut - Barron's
Dow Jones Industrial Average Rises Because the Fed Has What It Needs to Cut Rates - Barron's Trump's trade wars.
That's just two articles from today to add to the similar ones from the past week. Trump wanted the Fed to lower rates. The Fed didn't want his inappropriate interference -- was determined to stay independent. But now he might get his wish thanks to his unrepentant screwing with what was otherwise a good market.
Dow Jones Industrial Average Treads Lightly Ahead of an Expected Rate Cut - Barron's
On Hold. Stocks inched higher on Monday ahead of the Federal Reserve’s June meeting tomorrow. Many are expecting a more dovish tone from the central bank to signal support for the market. Investors are also looking ahead to the G-20 meeting, seen as an opportunity for the U.S. and China to make progress on their trade dispute, at the end of the month. In today’s After the Bell, we...
wonder if a U.S.-China trade deal could be made at the G-20 this month; look at the potential damage to U.S. consumers if additional tariffs are imposed; and watch one economic indicator fall into negative territory for the first time...
Dow Jones Industrial Average Rises Because the Fed Has What It Needs to Cut Rates - Barron's Trump's trade wars.
The Dow Jones Industrial Average is heading higher this morning after an economic survey gave the Federal Reserve more evidence of economic weakness—and another excuse to cut interest rates, if it is so inclined.
The Empire State manufacturing index, a gauge of manufacturing activity in the New York area, dropped to negative 8.6 in June, down from 26.4 points from a positive 17.8. Economists had expected a reading of positive 10. It was the largest drop in the history of the index, and the lowest reading since October 2016....
That's just two articles from today to add to the similar ones from the past week. Trump wanted the Fed to lower rates. The Fed didn't want his inappropriate interference -- was determined to stay independent. But now he might get his wish thanks to his unrepentant screwing with what was otherwise a good market.