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re: Today was looking like a good day. What happened?

Posted on 7/30/25 at 7:05 pm to
Posted by NoMercy
Member since Feb 2007
4638 posts
Posted on 7/30/25 at 7:05 pm to
No one expected jpow to move a rate and the news was out like by noon central that he wasn’t budging. But then later the market dipped so I was wondering what the hell happened.
Posted by MickeyDees
Member since Jul 2025
30 posts
Posted on 7/30/25 at 7:40 pm to
Wait until Friday....big down day likely.
Posted by NoMercy
Member since Feb 2007
4638 posts
Posted on 7/30/25 at 7:57 pm to
What’s Friday? Which numbers are coming out
Posted by beaverfever
Arkansas
Member since Jan 2008
35329 posts
Posted on 7/30/25 at 8:02 pm to
quote:

No one expected jpow to move a rate and the news was out like by noon central that he wasn’t budging. But then later the market dipped so I was wondering what the hell happened.
He was pretty obstinate in his rhetoric. People probably thought he’d start leaning into the cutting cycle and try to leave office without things getting confrontational with Trump. He did the opposite. It could get weird IMO. Trump might dial it up a notch.
This post was edited on 7/30/25 at 8:02 pm
Posted by speedybaw
Member since Apr 2025
358 posts
Posted on 7/30/25 at 10:07 pm to
Yall is be crazy if you think retail has anything to do price movement.
Posted by Reagan80
Earth
Member since Feb 2023
1764 posts
Posted on 7/31/25 at 2:20 pm to
Jerome Powell
Posted by meeple
Carcassonne
Member since May 2011
10774 posts
Posted on 8/1/25 at 6:50 am to
Looks like everything is bleeding in pre.
Posted by beaverfever
Arkansas
Member since Jan 2008
35329 posts
Posted on 8/1/25 at 7:36 am to
Jobs just came out and they’re terrible, big revisions. Powell is walking right in to the “Too Late” moniker.
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