kerthud

Fed raises by .75%, as expected. Dow 30 drops from green to a 250 point loss for the day.

Steve…watching the lemmings stampede

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Fed raises by .75%, as expected. Dow 30 drops from green to a 250 point loss for the day.

Bounces right back up. This is a good example of the African Savannah instinct ruining portfolios. Ignore the noise. Yes, the Fed is just a noise-maker for ‘investors.’ The Fed might be manna from heaven for economists, politicians, bankers, and traders but noise for investors.

The Captain

1 Like

Fed raises by .75%, as expected. Dow 30 drops from green to a 250 point loss for the day.

Bounces right back up. This is a good example of the African Savannah instinct ruining portfolios. Ignore the noise. Yes, the Fed is just a noise maker for ‘investors.’ The Fed might be manna from heaven for economists, politicians, bankers, and traders but noise for investors.

The Captain

This is a good example of the African Savannah instinct ruining portfolios.

Or lemmings jumping off a cliff. Too bad Disney faked that sequence as it is a good allegory for the stock market the lase several years.

Now the Dow has bounced from down 250 to up 150 and back to zero. Yup, the “wise” really know their stuff.
/sarcasm

Steve

Now the Dow has bounced from down 250 to up 150 and back to zero. Yup, the “wise” really know their stuff.

How is this so much different than days in which the fed doesn’t make an announcement?

Mike

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How is this so much different than days in which the fed doesn’t make an announcement?

The market stampedes with every headline. The Fed is only one headline/stampede generator.

Dow closed down over 500.

Steve

We need to remember computer trading kicks in & accentuates market moves up or down. I wonder how much stock market movement caused by human traders it requires before computer trading kicks in? Of course since Black Monday 1987 there are now circuit breakers to slow trading to prevent the bottom from falling out of the stock market.

down 500 points today.

Was expected. 0.75 rate increase.

10 year treasury up to 3.25%.

says they’ll go to 4% this year.

Inflation not tamed.

t.