The Fed says the economy is slowing; so the Dow goes up 160 points, but the dollar looses value. The CPI is up .3%, not the .2% they thought it would be, but that doesn’t consider energy prices.
So, the stock market is up, but the investors really aren’t making as much money as they thought because the dollar weakened, and the price of oil will go up because the dollar weakened.
And with these tid-bits, how is good news that the Fed might not bump up rates again in a few months?
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2 comments:
I think it was poop.
you would, sicko
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