@NBS @midway I've never quite gotten over the fact that the wall street hangs on the words of anyone in this way

understand why it happens but it seems almost blasphemous, if you can use such a word for something as profane/prosaic as markets

Outside of the obvious (interest rates move where money goes with respect to equities vs debt), there's a ton of speculation on big known events where the outcome isn't certain. That's an opportunity to make money on all sides.
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@midway @NBS for sure, and in the cases of individual stocks or even commodities that makes sense, it's the idea that ~political actors such as the Fed or even elected representatives can have such instantaneous sway on markets that feels whack to me

· · SubwayTooter · 0 · 0 · 0
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