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The Dow Jones Industrial Average is down 313.45 points or 1.01% today to 30706.23
theold

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#1

21-09-2022, 09:07 AM
https://www.morningstar.com/news/dow-jon...-data-talk
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teaserteam

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#2

21-09-2022, 09:24 AM
Oil price much lower now. Inflation will fall. Expect near term rebounce (temp?) in the making


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sgbuffett

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21-09-2022, 09:30 AM
(21-09-2022, 09:24 AM)teaserteam Wrote:  Oil price much lower now.  Inflation will fall. Expect near term rebounce (temp?) in the making

I think that is the optimistic view.
If Fed goes through with the next 2 rate hikes after the coming one ..interest rate will be at 4.5%.

This will pull stocks s&p500 to 3200 easy.

Remember this rally in US stocks was build on low jnterest rates and QE
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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theold

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#4

21-09-2022, 09:38 AM
(21-09-2022, 09:24 AM)teaserteam Wrote:  Oil price much lower now.  Inflation will fall. Expect near term rebounce (temp?) in the making

First, they print money for you to buy shares.

Next, they stir and take the money out of the system. For you, you can still buy. It is like toto.
(This post was last modified: 21-09-2022, 09:41 AM by theold.)
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