#fedfundsrate — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #fedfundsrate, aggregated by home.social.
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#StockMarket #InterestRates #FedFundsRate . . .
I'm profiting but I'm still skeptical about the current state of the stock markets. 🤔
The BIG PLAYERS continue to drive the markets higher despite the negative fundamentals & the markets just popped up another 6/10th to 1% on the "news" that the Fed is dropping the Fed Funds rate another .25% to 3.5%, even though that "news" was already anticipated & baked into the markets.
Makes no sense to me but WTF do I know??? 🙄
I don't expect a CRASH but I'm still waiting for the other foot to drop when the BIG PLAYERS decide that there's more $ to be made in letting the markets drop than trying to continue to push them higher despite every indicator to the contrary. 🤷♂️
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Wharton Professor Calls for Emergency Rate Cut Following Market Downturn - Jeremy Siegel, a finance professor and chief economist, has called for an emergenc... - https://news.bitcoin.com/wharton-professor-calls-for-emergency-rate-cut-following-market-downturn/ #federalreserve #fedfundsrate #jeremysiegel #employment #wisdomtree #economics #economist #emergency #inflation #finance #ratecut #fed