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re: There are some major issues lurking in the US financial markets

Posted on 3/20/19 at 5:41 pm to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11442 posts
Posted on 3/20/19 at 5:41 pm to
Nah, I just don't think it's bullish. They also just admitted they started a game they can't win so that's fun.
Posted by LSURussian
Member since Feb 2005
128384 posts
Posted on 3/21/19 at 11:19 am to
quote:

Nah, I just don't think it's bullish. They also just admitted they started a game they can't win
Meh, bullish is in the eye of the beholder.

I believe the market's reaction today indicates relief that the Fed isn't asleep at the wheel and insisting on an aggressive interest rate increase policy while ignoring the current softness in the economy.

The market looks ahead and the Fed being dovish on rate increases, while indicating we're in a slowdown period, bodes well for new economic growth in the future.
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