ADVERTISEMENT

It's the economy stupid

Np, making a comeback. S&P only down 135 now.

Eeeeeeeeeeeeeeeeeeeek

Biden-Harris-768x402.jpg
 
I think the stock market baked in a rate cutting September and now it seems like they will hold rates. Market is giving back the baked in rate cuts.

Lol, the dem machine is already "urging" Powell into a September cut before the election after July's just released (a miss, fancy that) unemployment rate. They'll threaten Powell with Trump's Butler, PA SS detail if he doesn't cave.

bf628072c866cc34685f5eeb0b7fd1aa

'Democrats on Friday urged the nation’s central bank to cut interest rates now as the unemployment rate surged.

The unemployment rate jumped to 4.3 percent and employers added 114,000 workers to their payrolls in July, a significant miss from economists’ 180,000 expected jobs estimate.'

Many Democrats who have been calling for the Federal Reserve to cut interest rates are demanding that the Fed take action now.

https://www.breitbart.com/politics/2024/08/02/panicked-democrats-demand-rate-cuts-now/
 
ADVERTISEMENT
ADVERTISEMENT