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Steeleballz

Dow sees worst day in two years as bond yields jump

By Steeleballz in Current Events and Hot Social Topics

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Steeleballz Mentor

Steeleballz   7,550

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NEW YORK (Reuters) - Worries about the impact of a tightening job market on the prospects for inflation and a surge in bond yields sent investors fleeing equities on Friday, with the Dow Jones Industrials Average swooning almost 666 points, for its biggest daily percentage loss in 20 months.

 

  https://www.reuters.com/article/us-usa-stocks/dow-sees-worst-day-in-two-years-as-bond-yields-jump-idUSKBN1FM1KC

995507-quote-moderation-in-all-things-an

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Cyberfx1024 Grand Master

Cyberfx1024   7,980

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12 minutes ago, Steeleballz said:

 

   I was waiting for our regular middle of the road stock market update, but since it didn't come ...

 

   

Wsj was saying this the other day and how they are worried about the boo m ing economy might hurt the rates in the future. Because the Feds will look to raise the rates in March.

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OriZ Mentor

OriZ   3,157

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The Federal Reserve doesn't really set rates, the market does(bonds). To be fair the stock market is in the middle of a parabolic move imo, meaning things will get more volatile on both up and down days, so this was just part of this move but I don't think the parabolic move is over quite yet. Long term it's really bad for the market as parabolic moves are terminal waves.

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The Nature Boy Grand Master

The Nature Boy   7,659

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1 hour ago, Steeleballz said:

 

   I was waiting for our regular middle of the road stock market update, but since it didn't come ...

 

   

Sorry been busy . The president has no effect on the market and we are still in Obama's market 

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TBoneTX Grand Master

TBoneTX   45,284

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It's Bush's Trump's fault!

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Ban Hammer Grand Master

Ban Hammer   13,334

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1 hour ago, TBoneTX said:

It's Bush's Trump's fault!

It's Bush's Trump's moderators fault!

* ~ * Charles * ~ *
 

I carry a gun because a cop is too heavy.

 

USE THE REPORT BUTTON INSTEAD OF MESSAGING A MODERATOR!

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Póg mo Experienced

Póg mo   1,749

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12 hours ago, Ban Hammer said:

It's Bush's Trump's moderators fault!

I thought everything was Obama's fault, except when it was a good thing, and Trump would take responsibility?

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