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"You can't fight the Fed" works in both directions. Why are people surprised it's crashing
Posted on 4/26/22 at 1:35 pm
Posted on 4/26/22 at 1:35 pm
(no message)
Posted on 4/26/22 at 2:14 pm to iAmBatman
quote:
what is crashing?
Well, the Nasdaq is having its worst month since 2008.
The Nasdaq is down over 20 percent from its high.
The S & P is down over 10 percent from its high.
Zero rates and QE drive stock prices higher.
Raising rates and QT drive stock prices lower, especially tech stocks that rely on cheap access to money.
Posted on 4/26/22 at 2:23 pm to Big Yankee Brain
why are you the way you are AT?
Posted on 4/26/22 at 3:02 pm to iAmBatman
quote:
what is crashing?
Denial isn't your friend.
Dow down another 800 today.
Nasdaq down another 500 today.
Posted on 4/26/22 at 3:03 pm to Big Yankee Brain
down day =/= crash
up day =/= moonshot
adjust accordingly
Get another account Thomas, this one has been found
up day =/= moonshot
adjust accordingly
Get another account Thomas, this one has been found
Posted on 4/26/22 at 3:34 pm to Big Yankee Brain
Doomsday everyday on the money board
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