were still going sideways to down for the next few months
Can anyone explain why has the dollar stabilized over the last 30 days and why it isn’t responding to today’s Fed rate cut?
If a surprise .75 rate cut doesn’t help, I’m not sure what will. Who says the markets are rational?
I don’t see a slowdown in the construction business yet. While the markets usually proceed the actual decline, it could also be that all of the panic could be strictly financial.
Of course I worry about my stocks, but selling now could be selling at the bottom?
“The structural problems have not gone away though,”
The rate cut was a band-aid to cool things down a bit. We have some serious issues to deal with.
We have to get back to the basics of what made us strong.
Only securing cheaper energy and substantial reductions in taxes will reap long term gains.
Anything less is just a lot of hot air.