The Federal Reserve only cuts rates outside of scheduled meetings in extreme cases. Some investors think this could merit an emergency move, though others doubt it.
  • @[email protected]
    33•3 months ago

    S&P Index experiencing lows not seen in… checks notes …3 months, when they were all-time highs.

  • @eran_morad
    33•3 months ago

    “Tumble” lol. Down like 6% in a week, not even.

    • ZerlynaEnglish
      13•3 months ago

      I know right? News gotta be “the sky is falling!” Everyday. :(

  • sylver_dragonEnglish
    23•3 months ago

    Traders: Gib free monies!

    They will give any excuse that can gin up to return to the days of the Fed basically giving out free money that they can go gamble with. The effects on the broader economy be damned.

  • @TheDemonBuer
    18•3 months ago

    It looks like traders are already snatching up some of the discounts this little selloff has created. If investors want to bully the Fed into cutting rates, they’re going to need more discipline than that.

  • @njm1314
    11•3 months ago

    No we don’t need to be implementing real actual changes to deal with senseless speculation. Federal policy should be dictated by reality.

  • Flying Squid
    10•3 months ago

    As I said yesterday, let me know when this is a long-term trend that has a significant effect on retirement accounts.

    • @andrewta
      5•3 months ago

      I moved my 401k into a money market account back about July 13. I could see this coming. I’d have taken a bath by now. I figure I’ll jump back in around a few weeks from now. Could I be wrong and it goes down further? Yeah. Could it rebound tomorrow, and i miss on gains? Yeah. But just gotta guess and hope you guess right. So far I guessed right.

      • @Xaphanos
        5•3 months ago

        I’m doing the exact same.

  • @solrize
    5•3 months ago

    Yay! Another bailout!