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General Discussion

Scruffy1

(3,460 posts)

12. Sound and fury signifying nothing.

Reply to edhopper (Reply #9)

Fri Aug 22, 2025, 12:00 PM

Aug 22

I remeber the market sucide of 1987, the tech bubble burst of the early 2000's and of course the meltdown of 2008. The market is trading at around 30x earnings and will eventually lose 30% but no one can predict when. The very fact that it has ben moving up and down on somebodies whims shows how rediculous the whole market has become.

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And damn......the DOW Jones is having a hey day with Powell's comments......up over 700 points!!! [View all] a kennedy Aug 22 OP

Of course a rate cut will be at least a temporary boon for the markets, D. Spaulding Aug 22 #1

What comments? BoRaGard Aug 22 #2

here ya go TheProle Aug 22 #3

Thanks.....I should have posted this. a kennedy Aug 22 #11

Powell is caving to trump's demands Fullduplexxx Aug 22 #5

This message was self-deleted by its author Fullduplexxx Aug 22 #4

Krasnov wants rates lowered to 1% gab13by13 Aug 22 #6

I think it's to boost his $100m investment in bonds. ananda Aug 22 #20

I don't think it is because he is afraid of getting removed. The only thing Powell said we need to review interest lostincalifornia Aug 22 #7

Only the fools on Wall Street edhopper Aug 22 #10

They are not fools, they are manipulators IMHO. lostincalifornia Aug 22 #14

Or both edhopper Aug 22 #18

Speaking Of That... ProfessorGAC Aug 22 #15

exactly edhopper Aug 22 #19

We're gonna miss Powell, but it is probably time -- as he indicates -- to cut short-term rates. That's not caving to Silent Type Aug 22 #8

This won't help the Economy edhopper Aug 22 #9

Sound and fury signifying nothing. Scruffy1 Aug 22 #12

Ding ding ding. Correct answer yourout Aug 22 #13

Maybe Powell got the top secret medical report. usonian Aug 22 #16

Then that begs the question, what does will Peter Theil tell JD madinmaryland Aug 22 #21

Good question. It's all planned, and has been for some time. Details below (not even at 11) usonian Aug 22 #22

Humpty Dumpty sat on the wall...... Lovie777 Aug 22 #17

Making up for the losses through the week. Emile Aug 22 #23

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