What the heck happened at 1400 to send the market to the moon?

[1srelluc]

I looked at it a few minutes ago and it was plugging along pretty good and then, BOOM! to the moon Alice!

 

[Mr Natural]

The Fed must have cut interest rates.

 

[1srelluc]

Never mind...I see!

Thread 'Fed cuts rates'

Sep 17, 2025

And have signaled two more cuts coming.
Stock market likes it!

What we're covering here​

• The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December.

• Central bankers opted for a quarter-point cut, matching expectations on Wall Street. Markets rallied on the news.

https://www.cnn.com/business/live-news/federal-reserve-interest-rate-09-17-25

• DigitalDrifter
• Replies: 57
• Forum: Current Events

• 

 

[buckeye]

About time.

 

[airplanemechanic]

Feds finally cut rates, 7 months too late.

 

[1srelluc]

Feds finally cut rates, 7 months too late.

No shit.....I'll be glad when Powell exits....Maybe Trump can put someone in the that can speak English.

 

[1srelluc]

OK, it's dumped nearly 200 since the sugar high, I wonder if it's construction materials being hit?

 

[Cellblock2429]

I looked at it a few minutes ago and it was plugging along pretty good and then, BOOM! to the moon Alice!



View attachment 1163157

/----/ Professional traders look at the S&P 500. The DOW is for grannies watching the 6 O'clock news.

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-mixed-as-federal-reserve-ushers-in-first-rate-cut-of-2025-180045801.html

 

[1srelluc]

/----/ Professional traders look at the S&P 500. The DOW is for grannies watching the 6 O'clock news.

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-mixed-as-federal-reserve-ushers-in-first-rate-cut-of-2025-180045801.html

How many times do you plan on posting that old saw?

 

[Cellblock2429]

How many times do you plan on posting that old saw?

/---/ As often as I need to.

 

[airplanemechanic]

I don't expect the 25 basis points cut to do much to the markets, though. That was along with expectations.

 

[Rambunctious]

I don't expect the 25 basis points cut to do much to the markets, though. That was along with expectations.

I think they said there will be two more cuts...

 

[Winston]

Not bright. Uncalled for. Employment is the worry, take care of the fundamentals. This position will exacerbate inflation and hasten the decline of the dollar. It clearly reveals the biggest problem with the Fed, reactive instead of proactive.

 

[Woodznutz]

What is good for the market is generally bad for consumers, so why the 'happy dance' when stocks go up?

 

[San Souci]

I looked at it a few minutes ago and it was plugging along pretty good and then, BOOM! to the moon Alice!



View attachment 1163157

Hmmmm.... The Dems said those Gol Darn Tarrifs would crash the Market. Gee Wiz! Could they have been Wrong?

 

[1srelluc]

What is good for the market is generally bad for consumers, so why the 'happy dance' when stocks go up?

Because I make more money?

 

[Woodznutz]

Because I make more money?

Lower interest rates hurt my savings.

 

[1srelluc]

Lower interest rates hurt my savings.

What's your savings vehicle?

 

[Woodznutz]

What's your savings vehicle?

Safe instruments; CD's and MYGA's (multi-year guaranteed annuities). I'm generally happy with them.

 

[1srelluc]

Safe instruments; CD's and MYGA's (multi-year guaranteed annuities). I'm generally happy with them.

Well hopefully our buying power will increase if we can keep the fuckin' congress out of the piggy bank funding "studies" n shit.