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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 by Big Yankee Brain
Member since Mar 2022
11 posts
Posted on 4/26/22 at 1:35 pm
(no message)
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 4/26/22 at 1:46 pm to
what is crashing?
Posted by Big Yankee Brain
Member since Mar 2022
11 posts
Posted on 4/26/22 at 2:14 pm to
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 by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 4/26/22 at 2:23 pm to
why are you the way you are AT?
Posted by Big Yankee Brain
Member since Mar 2022
11 posts
Posted on 4/26/22 at 3:02 pm to
quote:

what is crashing?


Denial isn't your friend.

Dow down another 800 today.
Nasdaq down another 500 today.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 4/26/22 at 3:03 pm to
down day =/= crash

up day =/= moonshot

adjust accordingly

Get another account Thomas, this one has been found
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40833 posts
Posted on 4/26/22 at 3:34 pm to
Doomsday everyday on the money board
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