Post by
Bullvsbear99 on Sep 03, 2024 9:16pm
Market is sending message to the Feds
Feds have been behind other countries in cutting rates. Market expected rates cuts from feds much earlier in the year and nothing happened.
Stock market drop today is a clear message to fed to cut rate, or more drops like this will come.
All central banks were too late to raise rate and now they are late to cut rate. Market had enough of this late reaction time. Rate cut sep 18 will happen, today's drop is setting up for November rate drop.
Hopefully Feds got the message.
Comment by
johnney on Sep 03, 2024 11:49pm
Markets knows when to pull the Plug, rarely they get caught, know how to play the game, money is always available for them, not the same song for retail investors, and by far too! Glta!