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ShadenLines
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    Artist in various media (mostly traditional), craftsman & general DIYer. I make no guarantee of regular posting--work will go up as circumstances permit.

    Pablo ''Neckbone'' Washington @ShadenLines

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    So the Fed did it...

    Posted by ShadenLines - September 19th, 2024


    iu_1271631_15454845.webp


    Here I figured Jpow & co. would ratchet it down 25 basis points with plenty of noise about how they might cut it further.... That explains why the indexes suddenly dipped yesterday.


    Let it be a lesson, gentle reader: when it comes to economic predictions, Nostradamus I ain't. :-D


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    i was imagining they were going to reduce it since there is a big chance of trump getting elected, and the market shown after trump survival the market wants trump, with lower interest rates less money on the banks and more on the corporations.
    But like i told you before, my vision of what going on in america is a little blurry since i'm in brazil

    And my view of what's going on in Brazil--in most of Latin America, actually--is blurry too. Turnabout is fair play... But seriously, most Americans don't know much about events outside our borders. Mainstream/legacy news media usually isn't too reliable here since it's not only biased but superficial. I'm not like most of us here; however my attention is on the East. Near _and_ far. That's where the action is.

    Re LatAm - I check on Mexico because it's right next door to us & is basically a failed state. Perhaps I should look at the countries south of Mex more often.

    @ShadenLines yeah haha, they didnt even bother about writing the name of the brazilian guys properly lol "Pablo Marcal". But still no problem to don't know what going on here in latin america, latin america is just going backwards anyway

    We don't have accent marks in our word processing sub-apps/programs up here!

    @ShadenLines hehe yeah i know, i have used an american keyboard once, felt strange to write many portuguese words incorrectly lol