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re: Is October when the bottom falls out of the market?

Posted on 10/3/22 at 1:11 am to
Posted by Thundercles
Mars
Member since Sep 2010
5224 posts
Posted on 10/3/22 at 1:11 am to
quote:

Bard


I'm more in your point of view. I think the Fed has fully realized how much they fricked up by not raising rates faster sooner. Jerome Powell has plainly stated they will continue to raise rates until people start losing jobs en masse. Even slightly less inflation doesn't put us any close to their actual goal yet. Slowing down would just encourage the markets, which is exactly what he doesn't want.

Along with Terrible Q3 earnings and GDP being released. I put no faith in the job numbers as the administration is fabricating them to hide the true depth of the looming disaster
Posted by FLObserver
Jacksonville
Member since Nov 2005
14523 posts
Posted on 10/4/22 at 8:59 am to
If this is the bottom falling out i'm all for it
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