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re: Dow Jones down 666. Well that can't be good ! Nasdaq down 300+. Meta down 14 %.

Posted on 4/25/24 at 10:31 am to
Posted by notiger1997
Metairie
Member since May 2009
58275 posts
Posted on 4/25/24 at 10:31 am to
quote:

Being a glass half full guy, I look at the GDP drop as the Fed's higher interest rates are starting to get some traction.


This. Isn't this what we have all been wanting?
Even sometimes in the past 6 months, bad news ended up looking like good news to the market as that meant there it was more likely the feds may start lowering the rates.
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