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In the last 15 minutes of trading, the DOW is dropping fast. (Original Post) MineralMan Dec 2018 OP
Yupper,, Wellstone ruled Dec 2018 #1
A little upward movement 10 minutes before the close. MineralMan Dec 2018 #2
Noticed that after checking out where the Wellstone ruled Dec 2018 #3
I don't think we needed this increase Buckeyeblue Dec 2018 #5
Down 6% for year. Thanks, Donald. GeorgeGist Dec 2018 #4
Thanks for the nice link, I like better than the one I had at Bloomberg's. NT SWBTATTReg Dec 2018 #6
I usually just use Google's widget, MineralMan Dec 2018 #7

MineralMan

(146,331 posts)
2. A little upward movement 10 minutes before the close.
Wed Dec 19, 2018, 04:51 PM
Dec 2018

Things shift around quickly at the end of trading.

 

Wellstone ruled

(34,661 posts)
3. Noticed that after checking out where the
Wed Dec 19, 2018, 04:59 PM
Dec 2018

bottom dropped. Appears the Algo's are running it into the ground seconds after Powell's announcement. The Guy from MIZUO Bank forecaster dictated this two hours ago.

Buckeyeblue

(5,502 posts)
5. I don't think we needed this increase
Wed Dec 19, 2018, 05:08 PM
Dec 2018

There is no clear indication of inflation. And that's what should drive rate increases. I know they want them back up around 6% but I think they should move slower.

Also, while unemployment is low, salaries are flat. This will cause z downturn in the car market and probably in home equity loans. Also credit card balances will go up.

I think we are too touchy about inflation. I would keep interest rates low. Keep people buying. So what if prices go up some. People will stop buying if they don't think they are getting a good deal.

I would rather see people in car loans and mortgages than credit cards.

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