The Truth About the Fed's Rate Cuts

Discussion in 'Markets & Economies' started by SilverDJ, Nov 12, 2019.

  1. SilverDJ

    SilverDJ Well-Known Member

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    Tick. Tick. Tick. Tick.

     
  2. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Yup, AUS economy is already too late to rescue... thx to ScoMo 'tango-ing' withTrump.... err sorry 'MR. titanium' I've seen lots of local businesses closing in SYD area, can't afford the rent and this stupid light rail work kills everyone as no customers are attracted looking @ those tradies... from Spain btw.

    How thick is Gladys on this project...already overdue and over-budget
     
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  3. ozcopper

    ozcopper Well-Known Member Silver Stacker

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    Our local pizza and takeaway shop just went bust.
     
  4. alor

    alor Well-Known Member Silver Stacker

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    we have mixed rice stalls that keep on changing operators < 1 year many times over
     
  5. Number 47

    Number 47 Well-Known Member

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    Probably a result of the war against marijuana.

    There's just not enough stoners around to keep pizza shops bussy now days.
     
  6. leo25

    leo25 Well-Known Member Silver Stacker

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    Looks like the FED has dumped $300 Billion into the markets in just two months. No QE going on here :p

    fed.jpg
     
    Last edited: Nov 19, 2019
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  7. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Well the DOW is down over 420 Points, so the speculators in 'THE CASINO' are not happy with the amount pumped into the economy with the cut.

    It could be an interesting day for the remaining 4 Hours. _JOHNLGALT.
     
  8. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    NOOOOOO!!!!!!
     
  9. alor

    alor Well-Known Member Silver Stacker

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    what were they smokin? lower rate can not bring people back to the malls, people went to just get their 3 items...toilet paper, mask and hand sanitizer
     
  10. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Rates are lowered because everyone is lowering rates. The real battle is on the currency front. There's talk about an RMB devaluation coming.
     
  11. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Our Sears just closed up here.
     

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