The ECONOMY - This is Fine 🤪

AZVAJKU said:
The ‘Fed’ does not make moves to help the economy or consumer, it makes moves to help the Fed-Gov. Period. The moves being made are meant to counteract high Fed-Gov spending. Inflation comes from one source- Fed-Gov spending.
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This is why I got all my Retirement money out of anything tied to the market.

With them cutting the Fed Rate, it will affect my IRA's, but only on dividends/interest earned. They can no longer hurt hurt the principle.
 
Man, the stock market has really been taking a shit lately and with the jobs numbers that were just released, it's going down even more today. Looks like the rate cut that was made just ahead of the election was a pretty dumb idea but I think we all know why it was done. Of course, the only people this is affecting are those who have investments in it and or something like a 401k.
 
wayoflife said:
Man, the stock market has really been taking a shit lately and with the jobs numbers that were just released, it's going down even more today. Looks like the rate cut that was made just ahead of the election was a pretty dumb idea but I think we all know why it was done. Of course, the only people this is affecting are those who have investments in it and or something like a 401k.
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The market will recover as soon as Trump pays each citizen of Greenland (all 56k of them) $5 million to buy the country. The citizens of Greenland can hardly complain after they become per-capita the richest country in the world.
 
wayoflife said:
Man, the stock market has really been taking a shit lately and with the jobs numbers that were just released, it's going down even more today. Looks like the rate cut that was made just ahead of the election was a pretty dumb idea but I think we all know why it was done. Of course, the only people this is affecting are those who have investments in it and or something like a 401k.
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We’re back to pre-election numbers. I had fun riding the bump. A sell off was anticipated in January given all the gains in 2024. I’m far from an expert, but I’m hoping we find the support levels here at/about the 42k mark. If not, hopefully 40k holds. 😬 Few anticipated the strong jobs report which instantly brought back fears of inflation. As you pointed out well, statistically not many people worry about the stock market.
 
wayoflife said:
Man, the stock market has really been taking a shit lately and with the jobs numbers that were just released, it's going down even more today. Looks like the rate cut that was made just ahead of the election was a pretty dumb idea but I think we all know why it was done. Of course, the only people this is affecting are those who have investments in it and or something like a 401k.
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Traders hate uncertainty, even though trumps clear on what he wants to do, they’re still sorting out the impact of oil price, trade issues.
The market got ahead of itself last 3 months, especially the tech sector, because bond rates were dropping. As bonds rates have started going up traders shifted. Some is related because chinas lowering how much of US bonds they buy(their economy’s in the shitter) and lower oil prices mean the Mideast going to buy less of our bonds, so the fed less likely to cut rates as much. It’s gonna be a choppy ride in the market for a few months.
 
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