The 1.9 is what is moving the market now. Powell talked about inflation today and needing to raise rates. (That is what increasing the money supply does). That in turn moved the market down. Sooner or later the Fed will have to do something with interest rates and that is what has the market concern. We are above numbers from a year ago but still have high unemployment. If interest rates start going up, we could have a slight 70s look to our economy.I'm a little concerned that the $1.9T stimulus and the $1,400 checks aren't moving the market. The uptick in rates is making wall street very nervous. Biden might want to start talking about the $2T infrastructure deal...
Wait until 1st quarter bond fund statements go out and those people who felt "safe" from stock market declines.You don’t print and hand out that much money and not expect inflation to hit. Or shouldn’t.
The 1.9 is what is moving the market now. Powell talked about inflation today and needing to raise rates. (That is what increasing the money supply does). That in turn moved the market down. Sooner or later the Fed will have to do something with interest rates and that is what has the market concern. We are above numbers from a year ago but still have high unemployment. If interest rates start going up, we could have a slight 70s look to our economy.
Yep, tempted as well.AAPL under $120. I grabbed some more.
Yeah I was eye balling that. Going to do the same.AAPL under $120. I grabbed some more.
We're coming for you $300+ baggies. Still cannot believe DFV doubled down at $40 after testifying to Congress that he would... L.E.G.E.N.D.GME .... to Mars and beyond!!!
Diamond hands on my 1 share that I bought at $315.
We're coming for you $300+ baggies. Still cannot believe DFV doubled down at $40 after testifying to Congress that he would... L.E.G.E.N.D.
Appears Tech sector will rebound today. Was hoping to snag sub $115 to add to my position.APPL now at $116. Holding on buying a bunch, just bought 1 unit worth at $119.75.
I have my trigger for $114, a five-six dollar savings from my last buy. Otherwise, it feels like chasing a dollar today.Appears Tech sector will rebound today. Was hoping to snag sub $115 to add to my position.