Moneymoney

Tue Jan 15, 2019, 04:19 PM

DOW 24065

Previous close 23909. 52 wk high 26951. 52 wk low 21712. Low of the day 23887. High 24099.

NASDAQ : 7023 ▲

S&P : 2610 ▲

Soybeans : 8.95 ▲

4 replies, 99 views

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Reply DOW 24065 (Original post)
uncledad Jan 15 OP
freedumb2003 Jan 15 #1
uncledad Jan 15 #2
freedumb2003 Jan 15 #3
uncledad Jan 15 #4

Response to uncledad (Original post)

Tue Jan 15, 2019, 04:24 PM

1. back through 24K --DESPITE the fed trying to keep it down

 


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Response to freedumb2003 (Reply #1)

Tue Jan 15, 2019, 04:29 PM

2. The FED has been speaking very softly.

Come March, Powell will let everybody know what's next.

Rising stock market, good jobs report, higher wages, over all economy doing well....rates go ▲

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Response to uncledad (Reply #2)

Tue Jan 15, 2019, 04:41 PM

3. 7 increases in 2 years is hardly quiet

 

after 1 in the prior 8 years.

They know that upping the rate ALWAYS depresses the market. We would be at 30K if it wasn't for that.

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Response to freedumb2003 (Reply #3)

Tue Jan 15, 2019, 04:56 PM

4. Great recession versus no recession.

Aiming at a neutral rate in the near future.

WH said it's going to get 3-4% growth in GDP going forward.

The FED should stop paying interest to banks on their required reserves and reduce the minimum required.

Besides, as long as the FED reduces its balance sheet, it reduces the impact of the rate increase.

It's the things that happen in the Board Room and the Trade talks that matter more right now.

The other end might be reducing the national debt or going big on infrastructure.

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Moneymoney