As a general rule of thumb, when the Feds raise interest rates, stock prices decrease immediately (except from financial sector stocks). Powell raised interest rates by 75 basis points on Wednesday but lo and behold, the stock market is rallying.
messiahette:
As a general rule of thumb, when the Feds raise interest rates, stock prices decrease immediately (except from financial sector stocks). Powell raised interest rates by 75 basis points on Wednesday but lo and behold, the stock market is rallying.
You have a long way to go when it comes to understanding financial markets. One lesson I can pass on to you;
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Dyson
July 29, 2022, 4:29pm
3
They expected the rates to be higher-100 basis points, so the markets rallied because the outcome was neutral.
messiahette:
As a general rule of thumb, when the Feds raise interest rates, stock prices decrease immediately (except from financial sector stocks). Powell raised interest rates by 75 basis points on Wednesday but lo and behold, the stock market is rallying.
Makarau ndo unaita feds nanii.