Stock prices diving is an engineered distraction from the treason in DC (Conspiracy)
submitted 7.3 years ago by Its_ok_to_be_white
Yellen raises rates, the algos are programmed to short, and the biggest political scandal in US history is yesterday's news.
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fusir 7.3 years ago
No. It's a result of increased interest rates. The fact that people politisize one of the worst economic indicators is the real problem.
The only advantage stock has is that it gives the news something to report on once a day.
Sharipie 7.3 years ago
No way an interest rate change would cause that kind of drop. This is a manipulation intended to cripple Trump and to blame him.
Samsquamch 7.3 years ago
Interest rate increases have been in the back of the news cycle for weeks to months...Yellen just confirmed many of the fears, so the market reacted to the build up after she left today.
I have a degree in Econ so I'm aware that markets react to fears of something. I don't think this degree of a fall can all be attributed to that.
view the rest of the comments →
fusir ago
No. It's a result of increased interest rates. The fact that people politisize one of the worst economic indicators is the real problem.
The only advantage stock has is that it gives the news something to report on once a day.
Sharipie ago
No way an interest rate change would cause that kind of drop. This is a manipulation intended to cripple Trump and to blame him.
Samsquamch ago
Interest rate increases have been in the back of the news cycle for weeks to months...Yellen just confirmed many of the fears, so the market reacted to the build up after she left today.
Sharipie ago
I have a degree in Econ so I'm aware that markets react to fears of something. I don't think this degree of a fall can all be attributed to that.