U.S. bounced back Tuesday after the Federal Reserve followed through on a pledge that it stood ready to take action to combat economic risks related to the coronavirus.
The Dow Jones Industrial Average rose about 321 points, or 1.2%, to 27007, reversing a decline after the opening bell after the Federal Reserve cut its short-term interest rate by 0.5 percentage point.
When Charles Manson died there went the last person I might not have voted for instead of Trump.
Minute by minute market updates - lol
Yup, because the world knows Trump isn't up to the task of stopping a pandemic. Pouring more and more money by the fed into the markets will end the same way it did under Reagan and GW.
Time to think about investing while the market is still bouncing up and down. Buy it on a down day knowing that it will eventually go up.
So many damn bots in our markets
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Source: WSJ - 🏆 98. / 63 Read more »
Trump Counts on the Fed to Shore Up Markets, Keeping Up His Pressure TacticsPresident Trump said he is counting on the Fed to shoulder the government’s response to economic disruptions caused by the coronavirus, renewing the pressure campaign he has used against the central bank during previous bouts of market uncertainty. realDonaldTrump I suck as President, let's blame everyone else so no one comes to me for help. I'm a great finger pointer. A strong economy wouldn't need the Fed to 'shore up markets'. “This great president” is more concerned about the stock market than the people dying. That’s great. 5 more years? God help us all.
Source: WSJ - 🏆 98. / 63 Read more »