Personal Finance and Investing

doc03

(37,048 posts)

4. Now they are worried about interest rates going up.

Reply to Eliot Rosewater (Original post)

Tue Sep 13, 2022, 02:45 PM

Sep 2022

I think. Every day they state some reason it goes up or
down. Sometimes what we think is a good thing like unemployment going down Wall Street panics thinking people will ask for higher wages. Inflation goes up that's bad interest rates will go up. Inflation goes down they think there is a recession. They had a chimpanzee a few years ago pick stocks and he did better than the so called Wall Street gurooz. Jim Cramer was yelling buy buy buy before the crash in 2008. Myself I have done good just sitting back and riding out the bear markets (so far).

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I dont know much about the stock market, compared to experts anyway. I have a question. [View all] Eliot Rosewater Sep 2022 OP

Here's what I know about the stock market underpants Sep 2022 #1

the driver for today's drop is the inflation report, which came back higher than expected unblock Sep 2022 #2

Markets Plunge as Inflation Data Undercuts Wall Street's Optimism. elleng Sep 2022 #3

Now they are worried about interest rates going up. doc03 Sep 2022 #4

Inflation numbers were a huge disappointment jimfields33 Sep 2022 #5

the market is only loosely tied to politics GenXer47 Sep 2022 #6

Seems like the market is a risky place to be with putin rapidly losing a war. rubbersole Sep 2022 #7

Over the long term, even over the intermediate term, PoindexterOglethorpe Sep 2022 #8