October 11, 2018, 07:13 PM
kimber1911Why stock market down, mortgage rates up?
quote:
Originally posted by jhe888:
quote:
Originally posted by kimber1911:
I caught about 5 minutes of Rush today, heard him speculate on big Democrat investors willing to lose a bit of money to hurt President Trump in the mid-terms.
You know that wild speculation and ascribing every misfortune to the left is Rush's bread and butter, don't you?
Sure, and I don't typically listen to him and wasn't near the radio knob to turn him off.
However the timing of the last big drop in February seemed a bit odd.
This theory that he was spouting did seem more credible then Ford honking her story to the Senate a week or so ago.
October 11, 2018, 07:36 PM
nhtagmemberquote:
Originally posted by JALLEN:
quote:
Originally posted by nhtagmember:
I find the timing of the Fed's move slightly suspicious
What do you suspect? Anything mysterious?
given how long the Fed has been telegraphing the move, its not hard to assume that they could have waited until after the mid term elections
with everyone's 401k taking a hit, thats what people are going to go to the polls remembering the most - forget the democrat dirty tricks...my retirement fund just tanked and now I have to work another year to make up for it
(note - thats not what I think about my 401k - but its what I think about the timing)
October 11, 2018, 07:45 PM
JALLENquote:
Originally posted by nhtagmember:
quote:
Originally posted by JALLEN:
quote:
Originally posted by nhtagmember:
I find the timing of the Fed's move slightly suspicious
What do you suspect? Anything mysterious?
given how long the Fed has been telegraphing the move, its not hard to assume that they could have waited until after the mid term elections
with everyone's 401k taking a hit, thats what people are going to go to the polls remembering the most - forget the democrat dirty tricks...my retirement fund just tanked and now I have to work another year to make up for it
(note - thats not what I think about my 401k - but its what I think about the timing)
If they were telegraphing it that long, ought it to have been already priced in?
Or is this one of those “buy the rumor, sell the news?”