Fed live press conference...
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Fed live press conference...
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Dead cat bounce.
The Dow and S&P 500 are already back in negative territory.
It's clear that this is going to be a crazy roller coaster for a while.
Weatherweenie's Account Talk
Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.
This move is SO stupid.
The Coronavirus is NOT a demand side issue. Its a supply side issue...namely production in China which powers the entire global economy...with huge added ripple effects in world travel, thus global business.
Rates being lower has no impact on those shutdown cities in China, and now even parts of Europe, nor the fear of what it might be 5 days, or 5 weeks from now. Not going to change anyone's mind of keeping factories open, or traveling anywhere.
The market realized this, and instantly used it as a "sell" opportunity. The equivalent of the Fed using a third of its ammo to shoot guns into the air, just to make some noise, like an Afghan wedding.
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CURRENTLY 50% C and 50% S (as of COB 04/18/2024) 2nd April IFT
It was another good day to be in the F Fund though.
Markets now pricing in a 100% chance of .5-.75% cut on 3/18.
fedfunds032020.JPG
https://www.investing.com/central-ba...d-rate-monitor
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S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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