Guno צְבִי
We fight, We win, Am Yisrael Chai
Just got back from grocery shopping- prices are indeed coming down, plus I got all the fixings for Thanksgiving dinner and got our turkey. Kosher turkey was the same price as last year!!!
Inflation down, Dow up 1000 points
- Thread starter evince
- Start date
evince
Truthmatters
https://www.nbcnews.com/business/rea...ases-rcna56667
Mortgage rates fall sharply to under 7% after inflation eases
The average rate on the 30-year fixed plunged 60 basis points from 7.22% to 6.62%, according to Mortgage News Daily.
Mortgage rates fall sharply to under 7% after inflation eases
The average rate on the 30-year fixed plunged 60 basis points from 7.22% to 6.62%, according to Mortgage News Daily.
Joe Capitalist
Racism is a disease
The NASDAQ was up over 7%. That's unheard of. I dumped some money in a growth/technology ETF last week and glad I did.
PostmodernProphet
fully immersed in faith..
so you realize that inflation is still 7.7%.........
But far, far from your Chicken Little act. Nope, the roof didn't cave in.
Shadowstats.
gfm7175
Jesus is LORD!
I have to admit I'm still a little leery of tech, but yeah that was an amazing rally, I thought I was reading it wrong for a second. I was up almost 3% today, and given my holdings mostly in preferred stocks, that'a a massive gain.
gfm7175
Jesus is LORD!
Yup, and at the grocery store, it's at least 3 times that.
evince
Truthmatters
Read the article idiot
evince
Truthmatters
ahead
“This is the best argument to date that rates are done rising, but confirmation requires next month’s CPI to tell the same story,” said Matthew Graham, chief operating officer of Mortgage News Daily. “This was always about needing two consecutive reports of this nature combined with acknowledgement from the Fed that the inflation narrative is shifting.”
“This is the best argument to date that rates are done rising, but confirmation requires next month’s CPI to tell the same story,” said Matthew Graham, chief operating officer of Mortgage News Daily. “This was always about needing two consecutive reports of this nature combined with acknowledgement from the Fed that the inflation narrative is shifting.”
Is it me or is the Toxic Twat trying so hard to get everyone to hate her? I bet she was popular in the school cafeteria.
False authority fallacy.
gfm7175
Jesus is LORD!
Have an original thought idiot...
Holy crap. I just looked at my IRA. It gained a ton in value yesterday! Thanks Biden!
I Kosher turkey is the same as a goyum turkey - the only difference - the Kosher turkey doesn't drive on the sabbath!
I don't touch or screw around with any of my funds. I just watch them gain value, like they have the last couple days.
Joe Capitalist
Racism is a disease
Yeah, Tech can be a volatile sector but according to analysts, it was highly undervalued. It's been hammered over the last few months so it should have a nice bounce back.
Joe Capitalist
Racism is a disease
I usually keep 10%/30% in cash depending on the market. I trim some gains when the market is making new highs and buy when the market slumps (per Warren Buffett).
But your "Buy & Hold" strategy is also good. An investment guru once said, "Investment portfolios are like a bar of soap. The more you use it, the smaller it gets".
Investors like stability. Instability makes them nervous and they start pulling their money and putting it in more stable investment..or their mattress.
Now that the election is effectively over, with the Trumpers taking a huuuuge shellacking, the market is adjusting to the new conditions.