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Post by MoBuckChaser on Jul 31, 2024 15:23:54 GMT -6
J. Powell just said a rate cut could be coming in September Could be........ |
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Post by smsmith on Jul 31, 2024 15:39:04 GMT -6
J. Powell just said a rate cut could be coming in September Could be........ It's sounding imminent. I guess I'll believe it when it happens |
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Post by MoBuckChaser on Jul 31, 2024 15:41:57 GMT -6
It's sounding imminent. I guess I'll believe it when it happens I don’t think the trade was looking at Sept. I think the 3 year projection with rates coming back into the 3-4% range is why the excitement today. |
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Post by smsmith on Jul 31, 2024 18:51:35 GMT -6
It's sounding imminent. I guess I'll believe it when it happens I don’t think the trade was looking at Sept. I think the 3 year projection with rates coming back into the 3-4% range is why the excitement today. I guess I don't know. The markets all seemed to jump while/after Powell spoke...then dropped off a bunch towards the close. It doesn't really matter I suppose. I sure don't mind days like today |
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Post by sd51555 on Jul 31, 2024 19:33:05 GMT -6
There will need to be more demand destruction making it to the numbers. The trick will be papering over those numbers. Inflation could make it down with some creative analysis.
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Post by MoBuckChaser on Jul 31, 2024 19:37:14 GMT -6
There will need to be more demand destruction making it to the numbers. The trick will be papering over those numbers. Inflation could make it down with some creative analysis. Creative bookwork will be needed over the next 6 months to get any interest reduction with still out of control inflation. I think they will drop a few more inflationary problems to make it work. JMO |
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Post by smsmith on Aug 1, 2024 9:32:07 GMT -6
...and poof goes yesterday
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Post by MoBuckChaser on Aug 1, 2024 9:33:04 GMT -6
...and poof goes yesterday Matters not unless a guy has to sell |
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Post by smsmith on Aug 2, 2024 6:36:46 GMT -6
Bad jobs report and the talking heads are all worked up about a recession
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Post by smsmith on Aug 2, 2024 8:53:18 GMT -6
I sure hope small and mid caps take off when we get a new president. Finally a good day for the R2K. Time will tell if that index can hold 2100+. I kind of doubt it. Nope |
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Post by Bwoods11 on Aug 2, 2024 10:25:27 GMT -6
The NASDAQ is in official correction territory. -10%
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Post by smsmith on Aug 2, 2024 11:41:31 GMT -6
I'm thinking if the S&P dips much below 4900 it'll be time to throw some cash in
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Post by sd51555 on Aug 2, 2024 19:08:14 GMT -6
I wouldn't stress it. Just when it looks like it's finally going to go, we'll have a big up day. If it's down this far, it might as well keep going so we get a shot to convert our worthless currency to a share of the means of production or a government protected monopoly.
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Post by smsmith on Aug 2, 2024 19:13:22 GMT -6
I wouldn't stress it. Just when it looks like it's finally going to go, we'll have a big up day. If it's down this far, it might as well keep going so we get a shot to convert our worthless currency to a share of the means of production or a government protected monopoly. I'm not stressing. I'm greedy. I'd like like to throw 6 figures in to our brokerage account when we're near/at bottom |
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Post by Foggy on Aug 2, 2024 21:16:34 GMT -6
I wouldn't stress it. Just when it looks like it's finally going to go, we'll have a big up day. If it's down this far, it might as well keep going so we get a shot to convert our worthless currency to a share of the means of production or a government protected monopoly. I'm not stressing. I'm greedy. I'd like like to throw 6 figures in to our brokerage account when we're near/at bottom From Gordon Gecko in the movie Wall Street: "Greed is good".  FWIW.....I still show a gain over the past 30 days. Most of the rapid rise and fall has been in the past two weeks....IMO. Tho...I'd say we are much closer to a correction than a big gain in the markets. Been saying that for a few years now.....lol. Why I don't time the markets and rely on allocation to win the day. Kinda "stogy"....but it works. Tho....we are quite long on cash and bonds right now. Maybe 3x normal. |
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