LIVESTREAM: MARKETS CRASHING! - Fed Raises Interest Rate by .75 BSP

Thread: UPDATED >> CAUTION: Covid: watch for 'Phi' (now called BA?) Digi currency? Market crash? Look @ economist + monster ene

USD may be going up now, but that's only because it's the last bastion of all Western economies. It too will collapse, but it will be the last to do so. Shouldn't be more than a year... and far less if the nukes fly.

Better dead than Nimrod.
I'd rather persecute tories though.

https://imgur.com/I6o2Pne

Last Edited by Cpt Trips on 09/21/2022 02:53 PM

The Dow hasn't crashed yet..

overall it looks like the markets take this as relatively good news.

Dam crypto is pumping.


For now

Probably need to look at the credit markets. The dow is the bond market wagging it's tail.

It is 2:58pm and Dow is at 30,878.87

Not corporate profits.

a lot of jockeying for "safe play" position. I wouldn't want to be long through next year if the fed is planning another 150 basis points.

we will see a recession in 2023

In other terms its called USD relative strength. Absolute strength is different

maybe that buys them enough time to switch to a whole new system or something

Because markets priced it in. They got it right which is why I wanted fed to do a rope a dope. It would have been funny

+126

Thread fail

Up a hundid and fiddy.

That's probably 7.50 Canadian. I just bought the big container for just under 6.00 yesterday and thought that was way up. I used to get the small container for like 1.00 of the off brand. Grain prices are way up. I'm supposing feed oats are driving up the prices.

We go through a lot of oats, so I might just stock up on some of those containers before they get out of hand. It's a good fast meal that sticks to ribs.

The fact that we still think the market reflects reality in any way is laughable.

Holy Shit!!!! I was surprised by the first .75... Then I was completely blown away they doubled down again to 1.5.... NOW??? WTF - 2.25% increase is beyond insane. I bet barely any average citizen will even blink as the slow knife slides into our backs.... Crushed by design.

it will fall again..

Biden's inflation will destroy this country

no no we don't think that. Its not reality ok

All markets are up by the way, clowns...

"The market" thinks it is good news that interest rates go higher and higher. Maybe Powel should just go for a whole 1% next time, like his swedish colleague did some days ago

You should know by now, they will never let it crash.

So mortgage rates should jump to over 7% now -

It's only down by 100 points. For the entire day. It's over 30,000. I remember in 2008 it was below 10,000. Be happy it's as high as 30,000.

Slow motion boring doom is the worst kind of doom.

No dipsh-t, you clearly are though.....
[link to finance.yahoo.com (secure)]

Yawwwwnnnnzzzzzzzz

3:16 est..DJIA up 97..think this bump was priced in..no carsh