Like I said, if you liked SIRI at 3.90 thinking it was going to Faulkner's $5 price target, then you will LOVE IT here. Good Luck!
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Like I said, if you liked SIRI at 3.90 thinking it was going to Faulkner's $5 price target, then you will LOVE IT here. Good Luck!
Will this be looked as a stock market crash or a stock market correction??? Picked up some more Comcast. Took a while for the trade to go through........
I think there is zero chance Yellen raises rates in September now. Just my opinion. The world economy is just too weak and it has an effect on the US
I think the rate hike will proceed as planned. If it is postponed, that would be a strong indication of a weakening U.S. Economy which would have far reaching negative effects, including justifying a further plummeting of the market. If the rates are raised, it will at least show confidence in our economy, even though much of the rest of the world may not be faring so well.
Art Cashin on CNBC right now saying exactly what I just wrote about the rate hike. He is adament not just about no move in September but he just said no move this year! Currency markets are agreeing with him today.
I think you guys are absolutely oblivious. World economy.
I do like Art Cashin a lot except I don't watch CNBC. Good to know that he doesn't think it's going to happen. I still think it's going to happen regardless. The fed is out of ammo. They need to reposition themselves so they can deal with future recessions. The consumer needs to be forced into saving money.
One of the dumbest comments I have ever read on any message board. Fed raises rates on economic conditions, threats of inflation, employment numbers etc. Not on whether they need to reposition themselves for future recessions or to force consumers to save.
I really cannot believe I just read that. Unbelievable. YOU want a rate hike because of those reasons. I have never ever seen either of those reasons ever enter a rate decision by the Fed. I'm outta here!
They can wish anything they like, but I do not think Yellen is that stupid. I, as a retail investor, would be very concerned if my government suddenly lowered its confidence enough to change its plan for a very necessary and long overdue interest rate hike. I would go to all cash and hang out with my hoard while unemployment rises and we head back to 2008.