If you’re looking for a short and sweet guide to the day’s biggest news, I recommend (http://Pick-stocks.com). They breakdown the most important pre-market news and it only takes a few minutes to read.
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I hope that everyone has read Chapter 1 & 2 from the book "The Intelligent Investor" on Investment vs. Speculation & Inflation. You will understand where the market currently is and what will happen in the near future with increasing inflation and eventual increase in interest rates.
"Powell likely going to have to raise interest rates."
Yes. As inflation increases, the way to curb it is through raising interest rates. The fed originally stated that rates weren't going to rise until at least 2022. However, it seems that we may see a rate increase sooner than expected.
Hilarious....DEFLATION, no growth.....just BOJ buying every stock here to prop it up for the wealthy and to make their MASSIVE debt look tolerable! This is going to crash hard in January.
Judge should overturn the tax free unemployment income from 2020 next. It's theft to get 10k and not pay any tax while someone who works for 10k must pay tax.
COVID deaths up. We will be hitting records in the next few days. Deficit spending up. Companies have decreased earnings, yet markets are at ATH. This is a classic bubble folks. S&P500 is worth half of what it is today, based on the Shiller P/E.
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Yes. As inflation increases, the way to curb it is through raising interest rates. The fed originally stated that rates weren't going to rise until at least 2022. However, it seems that we may see a rate increase sooner than expected.
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