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Rate Cut is Coming per Fed Reserve

Discussion in 'Too Hot for Swamp Gas' started by cluckugator, Aug 23, 2024.

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  1. Aug 23, 2024 #1
    cluckugator

    cluckugator VIP Member

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    Feel free to stick this is one of the other interest rate threads if better.


    https://www.wsj.com/economy/central...7kfxek86v1xs9se&reflink=article_copyURL_share
     
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  2. Aug 23, 2024 #2
    gatorchamps960608

    gatorchamps960608 GC Hall of Fame

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    No response from the "I love bad economic news for this country," one handed typist crowd. Not surprising.
     
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  3. Aug 23, 2024 #3
    BigCypressGator1981

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    Hey ET get in here and spin this for us.
     
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  4. Aug 23, 2024 #4
    G8R92

    G8R92 GC Hall of Fame

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    When it comes to business, we have some flat earthers posting on THFSG.
     
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  5. Aug 23, 2024 #5
    VAg8r1

    VAg8r1 GC Hall of Fame

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    @okeechobee is welcome, too.
     
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  6. Aug 23, 2024 #6
    WarDamnGator

    WarDamnGator GC Hall of Fame

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    "The Federal Reserve Chairman saying that 'the time has come' for rate cuts isn't what the Federal Reserve is looking for when they make these decisions. I just don't see it happening until at least July of 2026."

    -ETGator1
     
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  7. Aug 23, 2024 #7
    NavyGator93

    NavyGator93 GC Hall of Fame

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    Saw the market was having a great day today.
    Harris didn't "fumble" and the stock market doing great, a lot of vodka this weekend for the maga crowd.
     
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  8. Aug 23, 2024 #8
    citygator

    citygator VIP Member

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    Dow hit record today. Will see if it finishes over the record.
     
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  9. Aug 23, 2024 #9
    BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

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    I do love the timing of the rate cut too!
     
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  10. Aug 23, 2024 #10
    obgator

    obgator GC Hall of Fame

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    Blood bath baby!!

    On a day when markets are close to record highs, DJT is close to record lows. The business genius at it again!
     
  11. Aug 23, 2024 #11
    magnetofsnatch

    magnetofsnatch Rudy Ray Moore’s Idol Premium Member

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    Overreaction to his comments honestly. Everyone knew rate cuts were coming.
     
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  12. Aug 23, 2024 #12
    g8trjax

    g8trjax GC Hall of Fame

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    Bidenomics don't need no rate cut.
     
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  13. Aug 23, 2024 #13
    magnetofsnatch

    magnetofsnatch Rudy Ray Moore’s Idol Premium Member

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    Nvidia’s earnings next week will dictate about as much or more to market direction/sentiment as Powells remarks today. Will be interesting to see how their numbers are digested by the market.
     
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  14. Aug 23, 2024 #14
    staticgator

    staticgator GC Legend

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    Nice of Trump's Fed Chair to announce this right before the election.
     
    Last edited: Aug 23, 2024
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  15. Aug 23, 2024 #15
    WarDamnGator

    WarDamnGator GC Hall of Fame

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    Not “everyone”.
     
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  16. Aug 23, 2024 #16
    BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

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    You’re clearly not familiar with the grocery shopping habits of ET’s wife. Stick around you may learn something.
     
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  17. Aug 23, 2024 #17
    NavyGator93

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    ETTD
     
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  18. Aug 23, 2024 #18
    BigCypressGator1981

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    I made a few grand shorting that stock. Rubes.
     
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  19. Aug 23, 2024 #19
    mdgator05

    mdgator05 Premium Member

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    At this point, I am not sure that you can't just take his stock as a measure of relative performance in the election. If he is going to become President, people looking to bribe him will invest in the stock to push his net worth up and use that to gain access. If he isn't going to become President, there isn't as much reason to bribe him, so his stock goes down.
     
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  20. Aug 23, 2024 #20
    danmanne65

    danmanne65 GC Hall of Fame

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    Buy on the rumor sell on the news. This reaction is why I don’t day trade. lol
     
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