Is there any point at which people will stop saying "the market was due for a correction" and accept that, cycles aside, there's a clueless person in the White House actively making terrible decisions for the economy while blaming "the fed?"
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The tax cuts. It was a sugar high without much recurring economic value created.
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Just because YOU don’t know the game plan does not mean there is none.
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Yes, yes it would. Considering China hasn't imported any soybeans from us recently. Also, trade wars create uncertainty. The number one killer of investments.
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The Fed raising rates is slowing down the economy and causing this stock sell off just like every other time they did this.
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It's the flattenig yield curve. Does it every time.
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David, take a look at daily charts. Major plunge occurred after: A)Democrats won house, with 'Auntie' Maxine Waters overseeing banks (God help us !) ; B )Fed announcement they intend to raise rates ; C) Fed raising rates. Tariffs did hurt but swung back up as he won some battles
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Yes. Thats your answer
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The fed has to raise interest rates so they can drop them further if there is a recession. Sure it brings down the market a little but the fact that the fed did it is a sign they think the economy is strong.
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Why were rates held at zero for 8 years and then raised every quarter since Trump took office?
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