stock market was up today...

[Vol737]

Others now recognizing the blunt force trauma initiated by the Fed. These policy measures contain lags times to work their way through the system, but J. Powell has been hammering away with 75 basis point hikes when he should have been raising rates 25 basis points, gradually, in Q421. Now he's got everyone screaming "Uncle".

Rejoice: we may be very close to Fed capitulation

 

[norrislakevol]

Hot inflation report, more pain ahead for the markets. Fed will continue to be aggressive with rate hikes. Watch out!

https://www.cnbc.com/2022/10/13/consumer-price-index-september-2022-.html

 

[Ernest T. Vol]

 

[85SugarVol]

Market is up today.
GDP surprised somehow.

Is the worst still behind us?

@Velo Vol

 

[Rasputin_Vol]

Market is up today.
GDP surprised somehow.

Is the worst still behind us?

@Velo Vol

No. Watch what a diesel fuel shortage does when it grinds everything to a halt.

So many black swans flocking around it's not even funny.

 

[85SugarVol]

No. Watch what a diesel fuel shortage does when it grinds everything to a halt.

So many black swans flocking around it's not even funny.

Oh I have no idea if we’re really headed for a diesel fuel shortage. But that would be bad.

@Velo Vol was commenting on it in the diesel thread.

 

[IluvdoubleD's]

Ding a lings.

 

[IluvdoubleD's]

https://www.cnbc.com/2022/10/27/stock-market-futures-open-to-close-news.html#107142564-post

 

[IluvdoubleD's]

The United States is sitting in a better position than any country on earth if we can pay down the GQP debt. Move to russia.

 

[Vol423]

No. Watch what a diesel fuel shortage does when it grinds everything to a halt.

So many black swans flocking around it's not even funny.

…or a railroad strike.

 

[Vol423]

The United States is sitting in a better position than any country on earth if we can pay down the GQP debt. Move to russia.

What the hell is this moronic GQP **** you’re pushing in every post you’ve made lately? Are you being a good little leftist and trying to invent new terminology when the existing language no longer serves your propaganda/agenda?

 

[IluvdoubleD's]

It's your own fault and you are too stupid to realize it.

 

[IluvdoubleD's]

The stock market exploded today. Dow in bull market after Powell suggests rate hikes will ease

 

[IluvdoubleD's]

Also, gas is 3.05, and mortgage rates are plummeting.

You're welcome frumpers.

 

[Sea Ray]

Also, gas is 3.05, and mortgage rates are plummeting.

You're welcome frumpers.

My gas here in SW Ohio is still $3.69/gal

 

[happy-go_vol]

Also, gas is 3.05, and mortgage rates are plummeting.

You're welcome frumpers.

Have you ever thought beyond your nose? Typical dim. Trout have better short term memories than you dims

 

[happy-go_vol]

What the hell is this moronic GQP **** you’re pushing in every post you’ve made lately? Are you being a good little leftist and trying to invent new terminology when the existing language no longer serves your propaganda/agenda?

He has to be trolling, but then he again he could be just a dumb DIM voter

 

[NorthDallas40]

Also, gas is 3.05, and mortgage rates are plummeting.

You're welcome frumpers.

Link to mortgage rates “plummeting” please ?

 

[Vol737]

Also, gas is 3.05, and mortgage rates are plummeting.

You're welcome frumpers.

“Plummeting”. Oh, ok.

 

[Sea Ray]

Link to mortgage rates “plummeting” please ?

They're not "plummeting". Rates are down about a half point in the last 6 weeks to about 6.5%. They were about 3% at the beginning of the year

30-Year Fixed Rate Mortgage Average in the United States

 

[IluvdoubleD's]

The quickest drop in history!

BTW, it was about 6 % in the nineties.

 

[Vol423]

Also, gas is 3.05, and mortgage rates are plummeting.

You're welcome frumpers.

Plummeting? LOL. That's hilarious.

 

[happy-go_vol]

They're not "plummeting". Rates are down about a half point in the last 6 weeks to about 6.5%. They were about 3% at the beginning of the year

30-Year Fixed Rate Mortgage Average in the United States

Some people grasp at anything to hold the idiot in thief up

 

[hog88]

“Plummeting”. Oh, ok.

View attachment 519489

Not bad for 1996.

 

[NorthDallas40]

They're not "plummeting". Rates are down about a half point in the last 6 weeks to about 6.5%. They were about 3% at the beginning of the year

30-Year Fixed Rate Mortgage Average in the United States

Correct. A more accurate description would be they have at least plateaued for now. That is why I put it in quotes. For the year the 30 year rate still seems about doubled.