And thats what we saw today when the market plummeted the Federal Reserve says it has to keep buying bonds because the economy is still not Strong Enough to generate enough jobs without Interest Rates staying lower than they might otherwise be. The stock markets retreat and the dow gave up 62 points. The s p dropped 4. 9 , and the nasdaq declined. 55 and can clearly be laid right at the feds feet. Thats because until the fed releases the down beat statement crafted after the monthly meeting the average is pretty much even keel and after a moments hesitation. The sellers sell, sell, sell. Overwhelm the market and stocks began to plummet. Detailing and explaining a pattern of stock buying and selling that while totally counterintuitive has become the mod us operandi, and i want to game it with me. First, the stock market acts pretty sanguine in the days leading up to the fed meeting largely because we know the economy is too weak to stand up by itself. We know the fed has to continue to
Recent days. Many parts of our regions saw snow as well as snow and slush made it difficult on some of the roads. Fast forward and heres how things are looking out right now. Much of the snow and slush gone but it is windy and cold out there. Gwen tolbart has the latest on the weather. [ no audio ] [ no audio ] can you hear me . Where weve got the satellite radar composite and you can see where all the snow has moved off to the northeast and headed to the canadian maritime. Here at home, things are different. Clouds rolling in across the area but we will see clear skies into the course of tonight. Not bad with a few clouds hanging around. Heres a look at current wind gusts because that is a big story, they are gusting up to 33 miles an hour in many of our neighborhoods between 33 and 40 into the day before its said and done. Temperaturewise we are into the 30s, however, factor in the wind and it actually feels like it is only in the 20s across our area. Take a look, only 28 degrees is
And thats what we saw today when the market plummeted soon after the Federal Reserve says it has to keep buying bonds because the economy is still not Strong Enough to generate enough jobs without Interest Rates staying lower than they might otherwise be. The stock markets retreat where the dow gave up 62 points. The s p dropped 4. 9 , and the nasdaq declined. 55 and can clearly be laid right at the feds feet. Thats because until the fed released the downbeat statement crafted after the monthly meeting the average is pretty much even keel and after a moments hesitation the buyers and sellers were in equilibrium. The sellers sell, sell, sell. Overwhelm the market and stocks began to plummet. Detailing and explaining a pattern of stock buying and selling that while totally counterintuitive has become the modus operandi of the days surrounding these fed meetings, and i want to game it with me. First, the stock market acts pretty sanguine in the days leading up to the fed meeting largely b
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