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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. is a social media and technology-focused company. The Company’s social media platform, TruthSocial, provides an outlet outside of Big Tech that encourages open global conversation without discriminating against political ideology. The Company is also focused on developing a subscription-based video streaming service, TMTG+, which intends to include access to... see more

NDAQ:DJT - Post Discussion

Trump Media & Technology Group Corp > It's a Wall Street rally for the president
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Post by Nailbiter2 on Sep 18, 2024 3:58pm

It's a Wall Street rally for the president

Stock market today: Wall Street holds near records after Fed delivers a jumbo-sized cut to rates


The momentous move by the Fed helps financial markets in two big ways. It eases the brakes off the economy, which has been slowing under the weight of higher rates, and it also gives a boost to prices for all kinds of investments. Besides stocks, gold and bond prices already rallied in recent months on expectations that cuts to rates were coming.

Stock market today: Wall Street holds near records after Fed delivers a jumbo-sized cut to rates - Business in Vancouver (biv.com)
Comment by BlackBear22 on Sep 18, 2024 4:21pm
So laughable that throughout Trump's presidency he called for lower rates and now when it takes place he cites that it is a sign that the economy is weak. It is a sign that the Fed is supporting the growth in employment that has taken place over the past four years, while at the same time lowering borrowing costs for all Americans. Of course, Trump would fire the Fed president if he is elected ...more  
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