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Message Subject
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DOW at 24,600--what the fuck is going on?
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Poster Handle
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Blue State Rebel |
Post Content
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The Fed is buying all the stock. And there are not too many places to stash money since commodities are dropping and we have 0% interest rates. So its going to the market.
Quoting: Anonymous Coward 78004548 So it's all rigged, which is what I figure anyway. Been a long time, if ever, that the Stock Market actually functions according to business fluctuations. It seems to be mainly a socio-political entity - it responds to various forces pulling it up and down and staging political battles more than actual market forces.
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