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Fed is clues when it comes to the market . Dow down 300

OlecountryDawg

Pillar of the DawgVent
Jan 24, 2008
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and there turmoil in the Middle East . The fat cats wanted rates to move up and it did . Idiots : oh unemployment raised more than they thought.
 
The Dow and other stock markets lost Their ties to Our Economy a long time ago. It used to be hiring in this country was positive for the market, now it's often just the opposite.
Cheap overseas labor has long been more important than the health of The American workforce to international businesses. There are no large American businesses like The Big 3 Auto Makers and US Steel once were.
 
and there turmoil in the Middle East . The fat cats wanted rates to move up and it did . Idiots : oh unemployment raised more than they thought.
The stock market has been propped up for almost 7 years by almost zero% interest rates. Twill be interesting to see what happens going forward. The rate hike was tiny.
 
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