The Dow Jones Industrial Average is down 313.45 points or 1.01% today to 30706.23
#3

(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.
Reply


Messages In This Thread
The Dow Jones Industrial Average is down 313.45 points or 1.01% today to 30706.23 - by theold - 21-09-2022, 09:07 AM
RE: The Dow Jones Industrial Average is down 313.45 points or 1.01% today to 30706.23 - by teaserteam - 21-09-2022, 09:24 AM
RE: The Dow Jones Industrial Average is down 313.45 points or 1.01% today to 30706.23 - by sgbuffett - 21-09-2022, 09:30 AM
RE: The Dow Jones Industrial Average is down 313.45 points or 1.01% today to 30706.23 - by theold - 21-09-2022, 09:38 AM

Forum Jump:


Users browsing this thread: 1 Guest(s)