I noticed this time that the major indices didn’t really react to Powell’s preso.
DJI for example rose a bit from about 3pm and then fell some, to be basically of no influence by the close.
This is despite that Powell basically confirmed the Fed Put was in place … https://www.marketwatch.com/story/powell-says-fed-is-ready-to-cut-rates-if-inflation-falls-quickly-e7bfc720?mod=home-page … ie investors can buy the dip because the Fed will step in to save them from themselves when the brown stuff hits the fan.
Dex
- Forums
- DJPIN
- Wednesday 12th June, 2024
I noticed this time that the major indices didn’t really react...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online