The stock market
- Thread starter movetheboat
- Start date
longcast
Well-Known Angler
Indeed, I decided to leave the money in and add some more. So yes, the opening should be interesting.
longcast
Well-Known Angler
Trump's White House win sends Dow up 1,000 points
Investors celebrated Donald Trump's win to become the 47th president of the United States, which will likely usher in pro-business policies.
www.foxbusiness.com
OVERBORED
Well-Known Angler
S&P 500 Hits Peak as Trump to Retake White House: Markets Wrap
Stocks hit all-time highs, US yields jumped and the dollar saw its best day since 2022, with investors mapping out Donald Trump’s return to presidency and the potential for Republicans to win both houses of Congress.
www.bloomberg.com
longcast
Well-Known Angler
The Federal Reserve is expected to cut interest rates by 25 basis points Thursday and avoid any unnecessary surprises less than two days after the election of Donald Trump as the next president.
"They'd rather just cut, keep their heads down, and not say anything all that new," said Luke Tilley, chief economist for Wilmington Trust.
Leave the rates alone!!!
OVERBORED
Well-Known Angler
Trump inherits a chit show.....
Watching BBC last night, seems like he's revered in Europe.
Germans were first to congratulate him.
Can't wait for the first NATO meeting and he reiterates how big a failure that organization is then let's go check how much money Zelenski stole from the Ukraine war chest!!!
Watching BBC last night, seems like he's revered in Europe.
Germans were first to congratulate him.
Can't wait for the first NATO meeting and he reiterates how big a failure that organization is then let's go check how much money Zelenski stole from the Ukraine war chest!!!
longcast
Well-Known Angler
Nissan to cut 9k jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
Nissan is cutting jobs and its CEO's pay after results from the first-half of FY24 showed decreased consolidated net revenue and global sales volumes, and a .5% operating profit margin.
www.foxbusiness.com
longcast
Well-Known Angler
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday's report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers...
finance.yahoo.com
OVERBORED
Well-Known Angler
Tell you what........the supply chain hasn't been the same since COVID. From the companies I deal with, getting supplies usually requires a partial backorder. They're not manufacturing surplus as in the past. The new normal I guess.US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday's report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers...
longcast
Well-Known Angler
Hard to carry inventory at these costs.
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