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re: 50 point basis cut by Fed. Market responds with a 750 point drop

Posted on 3/3/20 at 1:41 pm to
Posted by roadGator
Member since Feb 2009
154557 posts
Posted on 3/3/20 at 1:41 pm to
Wasn’t saying you were a prog. Guilty conscience?

Link to my celebration yesterday.

You’ve turned really bitter. What happened? Bad stretch at home or work?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40200 posts
Posted on 3/3/20 at 1:44 pm to
quote:

What exactly do the investors want? They wanted a rate cut and the Fed delivers and they respond by selling?


Markets are extremely reactionary, and when the leader of our central bank basically says he doesn't know what he is doing...
Posted by Mickey Goldmill
Baton Rouge
Member since Mar 2010
26355 posts
Posted on 3/3/20 at 1:45 pm to
quote:

Powell talks and the market drops 900 points. Trump talks and it comes back 250.



Its back down again. Trump?
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 3/3/20 at 1:49 pm to
quote:

Trump?


He stopped talking. Odd isn't it.
Posted by TideCPA
Member since Jan 2012
13376 posts
Posted on 3/3/20 at 1:52 pm to
When you need a 1,500 point bound just to look at the day's activity something is fricky.
Posted by the LSUSaint
Member since Nov 2009
15444 posts
Posted on 3/3/20 at 1:53 pm to
They want people to stop dying from this bullshite....then the market will catch up.
Will be a fun ride
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 3/3/20 at 2:03 pm to
quote:

Can the central bankers save the Trump economy?



I could wake up at 3am in the morning and be a better troll than you are

Or you're just that stupid

Neither one is a good look
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
50478 posts
Posted on 3/3/20 at 2:07 pm to
quote:

the leader of our central bank basically says he doesn't know what he is doing...


Who nominated that dipshit anyway?
Posted by roadGator
Member since Feb 2009
154557 posts
Posted on 3/3/20 at 2:09 pm to
Your mom?
Posted by hawkeye007
Member since Feb 2010
6067 posts
Posted on 3/3/20 at 2:10 pm to
only the best people.
Posted by deathvalleytiger10
Member since Sep 2009
9031 posts
Posted on 3/3/20 at 2:14 pm to
quote:

I think this is the problem. This admin has spent all week telling people that this wasn't a problem. Then, the central bank lowers rates to solve the problem.




Lower rates solves a medical problem?
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
50478 posts
Posted on 3/3/20 at 2:17 pm to
quote:

Your mom?


Sounds like something she would have done.
Posted by Dead End
Baton Rouge
Member since Aug 2013
21237 posts
Posted on 3/3/20 at 2:18 pm to
quote:

down grasshopper..the orange goober is playing 3 D chess with your 401K


Feel the Bern Bro, fricking tool.
Posted by Bass Tiger
Member since Oct 2014
53649 posts
Posted on 3/3/20 at 5:11 pm to
quote:

ut by Fed. Market responds with a 750 point drop by Janky


Wait, so it is back to being Trump's economy now?


What are you babbling about baw? The only person who’s trying to lay claim to the economy who has no claim is Obammy......dude was economically impotent.....all Fed juice dummy.

It was Trump’s economy when he rescinded Obammy era economy killing regulations, passed the Trump Tax Plan and began the process of undoing the Swamp Corporatocracy trade deals that screwed millions of middle class Americans.
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 3/3/20 at 5:50 pm to
If you needed any more evidence that the market is nothing more than a proxy for Fed policy...
Posted by canyon
MM23
Member since Dec 2003
21437 posts
Posted on 3/3/20 at 5:52 pm to
Nope. Guess again.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135445 posts
Posted on 3/3/20 at 5:54 pm to
quote:

50 point basis cut by Fed. Market responds with a 750 point drop
What exactly do the investors want?
Actions rather than reactions.
There is a sense that every move being made is two steps too slow.
Posted by CheEngineer
Louisiana
Member since Aug 2019
4234 posts
Posted on 3/3/20 at 6:39 pm to
Not rooting for a recession but the indicators are their and the big boys know it. The market is dropping on fear of what will come in the next months but once the news actually arrives it will dump more.
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