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Started By
Message
Powell says March rate cut unlikely.
Posted on 1/31/24 at 2:39 pm
Posted on 1/31/24 at 2:39 pm
Dow & Nasdaq both currently down over 300.
S & P down 75.
Jobs report Friday.
Going to be an interesting few days.
S & P down 75.
Jobs report Friday.
Going to be an interesting few days.
4
Posted on 1/31/24 at 3:06 pm to Bob Bass
Nasdaq and S&P 500 all the way back to where they were on 1/18/24.
But yes, a lot of data this week so things will be interesting.
But yes, a lot of data this week so things will be interesting.
Posted on 1/31/24 at 3:06 pm to Bob Bass
This economy is insane right now. Everyone being fired, stuff costs more than ever and goes up each month, stock market loving it, people spending money like there’s no tomorrow.
At this point just flip a coin to decide rate cuts/hikes.
At this point just flip a coin to decide rate cuts/hikes.
Posted on 1/31/24 at 3:22 pm to slackster
quote:
Nasdaq and S&P 500 all the way back to where they were on 1/18/24.
As someone who just took out a shitload of 401k loans (that will be paid back in full later this month)
Posted on 1/31/24 at 3:32 pm to slackster
quote:
Nasdaq and S&P 500 all the way back to where they were on 1/18/24.
Which means that it could fall a lot more.
Posted on 1/31/24 at 3:33 pm to Bob Bass
quote:
Which means that it could fall a lot more.
Sure. That’s the case every day though.
This post was edited on 1/31/24 at 3:34 pm
Posted on 1/31/24 at 3:42 pm to Bob Bass
quote:
Powell says March rate cut unlikely
Good.
Posted on 1/31/24 at 3:42 pm to Bob Bass
I’ve done extensive research on the matter and have concluded the stock market will either go up or down.
Posted on 1/31/24 at 6:06 pm to OysterPoBoy
quote:Nope. You need to bring more rigor than tired anecdotes like this to this board.
Everyone being fired
quote:I mean, yeah. That's almost literally always true in the present.
stuff costs more than ever
quote:Maybe.
goes up each month
Posted on 1/31/24 at 6:24 pm to PhiTiger1764
quote:
quote:Powell says March rate cut unlikely
Good.
Agreed. Until inflation is back to 2%, keep it steady
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