Quote:
Originally Posted by Robbie
It's mostly tech stocks. According to analysts the market is "nervous" because the Fed is raising the interest rate.
For those people that follow what is really going on in the world...Pres. Trump spoke on this the last 4 or 5 days about his displeasure with the Fed raising interest rates too fast.
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The tarriff war that Trump created has increased the cost of goods 10%-25% which has increased inflation so the FED has to raise the rate quicker to keep up with Trump's bullshit.
Common sense
Under 8 years of Obama the fed raised their rate once.
Under 2 years of Trump the fed has increased their rated 8 times! And you don't think Trump is driving us to a market crash and when it happens you'll blame Democrats and/or Obama, as always.