Shocked by the plunge?https://www.breitbart.com/politics/2018/12/26/historic-1000-stock-boom-day-after-christmas/ …
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Went down, then rose. The highest ever in one day. Soo up and down
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Down is up 1050 points. Yes, there was a 2000 point drop. (Thanks fed) plus all the hysterics coming out of anywhere that doesn't like Trump.
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Hindsight is 20/20, though. The future is hard to predict. Especially the stock market.
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People sell their stocks when they gain value, the price of the stock then goes down. Life is funny like that.
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When was the lady time you were wrong about something?
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The news said it closed at it's highest. Did I miss something?
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I agree that the FED rate remained artificially low for an extended period of time; however, I also believe the FEDS have over corrected as usual. The data I’m seeing,as a banker, indicates the rate has been over corrected by around 75 basis points.
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The FEDS never seem to compensate for the fact that their rate hikes don’t have full impact until 9-12 months after implementation.
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