Dow rises 400 points to record close after Fed says 3 rate cuts are on the way:

Word, the child sniffer in chief needs this to even have a shot at getting reelected.

Doesn't make any sense to be cutting rates with the stock market at/near all-time highs and inflation being well above the target percentage.

Your understanding of inflation is wrong. It is not prices going higher. Inflation is the rate at which costs increase higher, faster relative to income.

As far as deflation, cite a time in history or location in the world where deflation ever happened.

2024 it’s going so far up … millionaires will be made,.


Then crash like we never seen before.

free fake money for everyone!!!! (cept the slaves)

Dumbass polititians.

Yeah but they'll dangle that carrot until after elections, then do the rug pull.

Frequently in the 1800s.

And my IRA is loving it!

https://x.com/_/status/1770556214876721591

Trump in 2020: "If Biden is Elected the stock market will crash"

Exactly!

They MIGHT get so desperate they do a single 25 basis point cut...but I doubt they'll even do that!

This clearly means shit is about to hit the fan and they’re trying to get ahead of it or they’re trying to let some of their friends make some good cash off this last big run

The fed is bluffing

Yeah, I think you're right. Election Year...gotta keep the Sheep, AND Wall Street Happy.

AND, if any cuts a re made at all, there will be only 2....at 25 BPS each...for a total of .50% off the current 5.5%.....Whoop dee Freakin' Doo! Gonna be years and years....IF they pull it off. Lots of Bankruptcies and Repossessions and hardship along the way.

That's why they didn't cut in December or today...and they most likely won't. Inflation isn't "Sticky"....it's pervasive and persistent....And WILL get much worse!!!

I think your right AC. I'm thinking rate hikes. The real economy is on the brink.

We'll see.

The problem is that money in the IRA buys a fraction of what it used to. It's amazing how many people just don't understand simple economics.

Election year, political Bullshit.

The simple fact that they are making such announcements before a final decision, is pure manipulation.

They are playing symantec games saying inflation is 3% and manufacturing our destruction.

They let the media run wild playing make believe assuming they mean 3% annually, but they mean 3% monthly, which at current rate is 36% a year.

Not including the cost of food or energy, which is much higher.

They are desperate to trick people into voting for Biden again, in case they need more time to finish destroying the nation.

And the Clinton Machine was spouting the same garbage leading up to the 2016 election..and yet the day after Trump won the markets took off on the positive news shortly reaching all time highs.

My portfolio more than doubled in the four years time that Trump was fixing Obama's mess.

If you look at fed funds rates history you find out that the most likely point at which a bear market starts is when the Fed starts lowering interest rates after a tightening cycle.

Keep buying tards.

It’s not because people are making more money. So it’s not a good thing.

You can’t reason with retards, they don’t know they are in 1928 again.

Why do you think it hasn’t? Could it be that the fucking plunge protection team was rigging it daily?

"Lenin was certainly right. There is no subtler, no surer
means of overturning the existing basis of society than to
debauch the currency. The process engages all the hidden
forces of economic law on the side of destruction, and
does it in a manner which not one man in a million is able
to diagnose."
~John Maynard Keynes, 1919

Too bad they wait so long...

100% correct!

Well said

The FED is lying.

They aren't going to cut rates at all. Inflation keeps going up, which kills the rationale to cut. In fact, they're going to raise rates again.

This is just to blow the bubble up until it bursts...

...and its just about go time!

This. They'll only cut rates when they believe they have 'inflation' under control, which in practice means massive jobs cuts to curb 'wage inflation' which is all they really care about to maximize profits. Millions more jobs have to be cut to get to a rate cut - but by then, things will have gotten so out of control it won't matter - and neither will the stock market.