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Bibi Haniffa posted:

Uncertainty of a new Federal Reserve Chairman and the market is long overdue for a correction caused today's free fall.

Correct, and coupled with rapidly rising bond yields and no customery year end selling in 2017 makes for a perfect storm.  It’s all coming together now!  

FM
Last edited by Former Member
D2 posted:

All the indices are negative for the year. DOW down 1200 points! What's  happening? Think that His Royal Orange Highness will take credit for  this?

Part of the 0% interest rate bubble built up under Obama.  Remember, what leaves here usually goes into fixed income.  Flight to quality!  

Perversely, it’s connected to the strong economy, hot jobs report!  Rising wages, inflation, Rising interest rates!

FM
Baseman posted:
D2 posted:

All the indices are negative for the year. DOW down 1200 points! What's  happening? Think that His Royal Orange Highness will take credit for  this?

Part of the 0% interest rate bubble built up under Obama.  Remember, what leaves here usually goes into fixed income.  Flight to quality!  

Perversely, it’s connected to the strong economy, hot jobs report!  Rising wages, inflation, Rising interest rates!

yeah...blame it on Obama

FM
Riff posted:
Baseman posted:
D2 posted:

All the indices are negative for the year. DOW down 1200 points! What's  happening? Think that His Royal Orange Highness will take credit for  this?

Part of the 0% interest rate bubble built up under Obama.  Remember, what leaves here usually goes into fixed income.  Flight to quality!  

Perversely, it’s connected to the strong economy, hot jobs report!  Rising wages, inflation, Rising interest rates!

yeah...blame it on Obama

Didn’t blame him. Just facts.  Everyone knows fixed income yields were about 0 for a long time.  It is changing, as it should, so the air is being sucked out of equities!

FM
Baseman posted:
Labba posted:

Dis Guyana Labba seh dem taking back the speculation $$$. Dey going to learn soon that tax cut doan gee bang foh bock when dey cut it during boom time. De thing was booming since 2016 in Obama. 

So TK, what’s your take on interest rates here?

This labba sey he is not that pot solt boy TK. Bai...Merika systems getting undermine by dat NY con man. That man Powell a wan lankey juss like a PPP/PNC Guyana lankey. He goh resist tekkin up de rate and abie goh get inflation and uncertain this year...ask Mr Pavi...he inflating all the time. Now is time foh rise up the interest rate but that NY con man done tell the political lankey doan even try. 

FM
skeldon_man posted:
Labba posted:

Dey goin to learn the hard way that palatician and businessman cyant run the big economy. 

Bai TK, Me mean Labba, do you mean the hefty raise of $1.50 extra weekly the lady got on her slim paycheck to pay her Costco yearly membership "ain't mean nuttin"?

Ehehe . Bai...the man is a genius con man. 

FM

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