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The Water Cooler
General Discussion
Stock Market… this isn’t good IMO
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<blockquote data-quote="SlugSlinger" data-source="post: 3798562" data-attributes="member: 7248"><p>It means the pain is coming! Markets will be up before the reality sets in and it tanks! It didn’t take long. See the spike at the announcement, then immediately started dropping again.</p><p></p><p>[ATTACH=full]280021[/ATTACH]</p><p></p><p>So here's what has and is going to happen. buydun has publicly stated multiple times that he has turned over the handling of inflation to the Fed. When the Fed kills the economy by raising rates, buydun will blame the Fed for raising rates and killing the economy. There is no way to stop inflation without keeping people from buying stuff. You stop people from buying stuff by making it too expensive to borrow money and keeping people from earning money (this is done with massive layoffs).</p><p></p><p>Buckle up, it's going to get bumpy!</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3798562, member: 7248"] It means the pain is coming! Markets will be up before the reality sets in and it tanks! It didn’t take long. See the spike at the announcement, then immediately started dropping again. [ATTACH type="full" alt="EB3B239D-E723-44A3-A988-8408FC7814DA.jpeg"]280021[/ATTACH] So here's what has and is going to happen. buydun has publicly stated multiple times that he has turned over the handling of inflation to the Fed. When the Fed kills the economy by raising rates, buydun will blame the Fed for raising rates and killing the economy. There is no way to stop inflation without keeping people from buying stuff. You stop people from buying stuff by making it too expensive to borrow money and keeping people from earning money (this is done with massive layoffs). Buckle up, it's going to get bumpy! [/QUOTE]
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Stock Market… this isn’t good IMO
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