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Democrats wins house Market Crashed, Pelosi sworn in Market crashed

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  • #31
    Originally posted by siablo14 View Post
    Yeah but we have always heard from other people about the workings of the devil. Have you ever came across a book that the devil shared his views in similar to how God shares his views with us in the Bible?

    All we got is hearsay about the devil from his opponents.
    Ask the devil anything and ye shall receive

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    • #32
      Has nothing to do with the Senate whatsoever. Market has been very jittery the past months primarily due to the Tarriffs, a global economic slowdown AND recent poor earnings/earnings projections (Apple). Big issue here is the downturn in the market can and will affect spending habits which in turn can cascade into a recession.

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      • #33
        Originally posted by HOUDINI563 View Post
        Has nothing to do with the Senate whatsoever. Market has been very jittery the past months primarily due to the Tarriffs, a global economic slowdown AND recent poor earnings/earnings projections (Apple). Big issue here is the downturn in the market can and will affect spending habits which in turn can cascade into a recession.
        You forgot the fed.

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        • #34
          The Fed is doing what the Fed always does. If conditions worsen they will stop the rate increase and possibly start lowering them. Shrinking of M1 is another issue but again it’s typical Fed activity.

          If Trump ends the trade war things could stabilize for a while. We are close to having a race for the exits when panic will take over the market.

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          • #35
            Originally posted by HOUDINI563 View Post
            The Fed is doing what the Fed always does. If conditions worsen they will stop the rate increase and possibly start lowering them. Shrinking of M1 is another issue but again it’s typical Fed activity.

            If Trump ends the trade war things could stabilize for a while. We are close to having a race for the exits when panic will take over the market.
            If the fed is raising rates like they keep doing then the economy is good. They came out and said two more hikes in 2019.

            They must not be too worried about trade.

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            • #36
              They also stated they were ready to act if economic conditions change. They have changed.

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              • #37
                Also one needs to understand the Feds overriding long term goals. To avoid depressions and hyperinflation. Since the Great Depression we have had recessions and inflation. These are normal bumps in the road for our economy.

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                • #38
                  Originally posted by HOUDINI563 View Post
                  They also stated they were ready to act if economic conditions change. They have changed.
                  Lol they just raised them when the market was dropping.

                  Why didn't they raise them like this under Obama? 8 freaking years!

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                  • #39
                    Fed is generally not interested in the typical ups and downs of the market. They are looking at inflation primarily and the employment rate. If they act too slow hyperinflation could rear its head months later. Again hyperinflation and depressions are what the Fed is concerned with long term.

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                    • #40
                      Originally posted by HOUDINI563 View Post
                      Fed is generally not interested in the typical ups and downs of the market. They are looking at inflation primarily and the employment rate. If they act too slow hyperinflation could rear its head months later. Again hyperinflation and depressions are what the Fed is concerned with long term.
                      Nice they're concerned now. Remember, if there's a crash they are partly to blame and isn't Obama? He was taking credit two months ago right?

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