RE:RE:No interest rate cut per Powell = Great news for mining stkseng41 wrote: In a recession. Everything gets pummeled.
This is not good news for any stock. Period
reading these boards hurts my brain sometimes. And the lack of real informative posts hurts more.
Powell needed to calm the markets. They will bounce back today. Maybe not NILI, lithium stocks are done. Put a fork in them.
But the markets will be just fine, and when i went out yesterday. I saw plenty of people spending money. We are consumers by nature...Everyone loves to spend money. Especailly the younger generation. Nike, Aritizia, Timberland boots, Apple phones., look around at every kid 15-25
They are not doing too badly lol