EPTOn February 06 2018 03:24 {CC}StealthBlue wrote:
This is a big deal and could help the democrats pick a bunch of seats.
US Politics Mega-thread - Page 9854
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Plansix
United States60190 Posts
This is a big deal and could help the democrats pick a bunch of seats. | ||
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Adreme
United States5574 Posts
On February 06 2018 04:36 {CC}StealthBlue wrote: At this point who really cares. I mean it shows why the DOW and wall street in general is a stupid measure of the economy as a whole. It's going down at it's core because wages are rising, people being better off is bad corporations so the DOW dropped (yes it's slightly more complex but at its core its a fair explanation) | ||
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ticklishmusic
United States15977 Posts
-1000 now, wew. wonder if they're gonna pause trading. | ||
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Plansix
United States60190 Posts
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xDaunt
United States17988 Posts
On February 06 2018 04:59 ticklishmusic wrote: no, it's mostly because the fed signalled they are going to be more aggressive in raising interest rates. -1000 now, wew. wonder if they're gonna pause trading. Damn, the DOW just went off a cliff. Down 1500 now. | ||
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Plansix
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ticklishmusic
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IyMoon
United States1249 Posts
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ticklishmusic
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but a thousand down in a day, wowzers. who knows what tomorrow will bring. | ||
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DarkPlasmaBall
United States46626 Posts
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xDaunt
United States17988 Posts
On February 06 2018 06:03 ticklishmusic wrote: i lost a few thousand on one of my brokerage accounts (includes my retirement) but it really only brings me back to where i was a month ago. but a thousand down in a day, wowzers. who knows what tomorrow will bring. I don't really want to look at my retirement portfolios. But frankly, thanks to the beauty of having a 25+ year retirement horizon, it doesn't really matter. | ||
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Adreme
United States5574 Posts
On February 06 2018 04:59 ticklishmusic wrote: no, it's mostly because the fed signalled they are going to be more aggressive in raising interest rates. -1000 now, wew. wonder if they're gonna pause trading. To go into more detail wages went up (finally) which is both bad for corporate profits and forces the fed to get more aggressive on interest rates to prevent inflation. Both of these scare the market and are causing the turmoil though I would actually expect a small rebound tomorrow for the sole reason that every time the market hits a milestone either positive or negative the next day there is generally pullback. | ||
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LegalLord
United States13779 Posts
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Plansix
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DarkPlasmaBall
United States46626 Posts
On February 06 2018 06:56 LegalLord wrote: A mere 1100 points down by closing. Going to need a lot more than that before we can start getting excited... As someone who owns stocks, excitement isn't the word I'd use  | ||
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LegalLord
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Adreme
United States5574 Posts
On February 06 2018 07:00 DarkPlasmaBall wrote: As someone who owns stocks, excitement isn't the word I'd use A tanking market has opportunity. I've been living off Amazon's success for a bit but this is a great opportunity. | ||
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Plansix
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ticklishmusic
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Mohdoo
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