street
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Nov 30, 2016
- Messages
- 9,585
I just seen the Feds deferred on raising the rates and looks like markets are up at opening.
I just seen the Feds deferred on raising the rates and looks like markets are up at opening.
I just seen the Feds deferred on raising the rates and looks like markets are up at opening.
There will be no rate hikes until after the elections in 2020.
Fed will not hike in an election year, especially this coming one.
I think the bigger effect of Powell's Fed statement is that he is anticipating slowing economy with no rate increases planned for the rest of 2019.
This is clearly untrue.
Hint: 2018 was an election year.
see: https://en.wikipedia.org/wiki/History_of_Federal_Open_Market_Committee_actions
I think the bigger effect of Powell's Fed statement is that he is anticipating slowing economy with no rate increases planned for the rest of 2019.
Still make no sense. Still clearly not true.I think njhowie was referring to presidential election years. Not sure if the statement is truer on that basis or not.
Yup.To be precise, the Fed is predicting a more slowly growing economy. The Fed's consensus estimate is for 2.1% growth in GDP in 2019. That is a slower rate of growth than in 2018, but still growth.
Up just a mere $5K more and I'll be crowing about a brand new all time high.
Just keep away from the "W****!" [-]water[/-] word! (Please.)
I am a happy camper with Vanguard Index emerging markets fund..Yes, but what have your international stocks/funds done for you lately?
Yes, but what have your international stocks/funds done for you lately?
I think that anybody who assumes they can predict market moves, is "full of canal water" (as the saying goes).
I also think that anybody who sees the slightest relationship between anything short of 9/11 or TEOTWAWKI, and market moves, also falls in that category and is fooling nobody but himself.
Feel free to think the same of me; my intent is not to insult anybody but to just throw some cold water on all the crystal ball predictions in the media.
It is of course hard if not impossible to predict market future.
People cannot even agree on explanations for the market past performance, something that has already happened.
Almost!!! Another $373 and I'll be there.... (sigh)Up just a mere $5K more and I'll be crowing about a brand new all time high.
March? It's way higher than either March 1 2019 or March 2018.Lol >> It is back to about the same number as the start of March.