Post by
InvestSmarter on Aug 08, 2024 10:29am
Recession fears easing
Fears of a recession are abating (jobless claims low, bond yields up)
Tensions in Middle East are rising (Iran, Libya, Russia)
Stockpiles of oil inventory are falling.
Pressure on oil price rising is heading back up.
Comment by
Moemoney42 on Aug 08, 2024 10:34am
Kind of a chuckle isn't it.. just like the weather.. don't like the forcast.. just wait a day and it'll change completely..! LOL..
Comment by
Marty47 on Aug 08, 2024 11:44am
What recession ..... that's a trick they use for the market to drop so big pocket can buy .... well it also work for us lol ..... people so stupid just dump their stocks because of ..... nothing .
Comment by
spurwing2 on Aug 08, 2024 3:11pm
Marty47,I have always said this is what the market makers do.Unfortunately the fear factor affects some retail holders in a bad way.
Comment by
liljohnnyjoke on Aug 08, 2024 2:08pm
markets hae bounced back, FED can push back the anticipated September rate cut now, just like they have been doing all year long