So what does this exactly mean? Another huge September dip?
Possible crash? Can someone business literate explain this to me?
https://www.google.com/amp/s/www.yahoo.com/amphtml/finance/news/dow-drops-150-points-fed-134050837.html
Buy the dips boys
>>1493562
they're trying to keep people on there toes. so ppl dont get cocky. trying to burn some discipline into the minds of you young ladies, while there is still time.
cuz once u make ur nut, aint not a damn person gonna be able to tell u shit.
and ur gonna wind up right back the fuck where u are now.
the russians have discipline.
the saudis have discipline.
americans are fuckin panty wastes.
my take: the ramp we had in july was due to pricing in additional delays for interest rate hikes. now that there is additional evidence that the fed will hike in september, the market is returning to the previous range. not really a big deal.
>>1493562
Oh please the market is a few percent from the absolute highest point it's ever been in history... relax
>>1493562
If they "raise" interested rates it will only be by another 0.25% I reckon.
The past 4 years have seen inflation at less than 2% and inflation was below 1% last year. Literally no reason to raise them at all because the economy isn't even heating up.
>>1493571
>Russians have discipline
>Saudis have discipline
Lmao. Getting raped by sanctions and rock bottom oil revenues is discipline?
>>1493588
They have two reasons to raise rates:
1. In order to gain credibility, and
2. So they can give themselves room to cut rates later.
>>1493618
you got a pretty mouth.
and dont even get me started on the chinese.
>>1493627
Literally retarded considering
1. They have barely any
2. They have QE
>>1493627
these are retarded
Real reason to raise interest rates would be to provide less stimulus by having a more normal monetary policy. The economy doesn't need such low rates to stimulate it anymore (based on current data) and these low rates could potentially cause imbalances that lead to busts.
>>1493588
The economy is not heating up strongly, but its strong enough to not need .25% rates. Interest rates have never been this low and these rate levels are essentially an experiment that the FED would like to stop performing.