FANG stocks fell into a bear market. GE stock as well. Banks are completely destroyed, desperately hiding their contagion risk. But he market is ignoring all of this and focusing with intent on the Fed and their December meeting. Should they decide to increase rates again as they’ve promised, the markets will react negatively. If they increase again in 2019, look out down below.
Markets: Indexes, Bonds, Forex, Key Commodities, ETFs
https://www.cnbc.com/markets/
Cramer: GE's stock is finally a buy
https://www.cnbc.com/video/2018/07/06/cramer-ges-stock-is-finally-a-buy.html
GE 7.44 -0.14 -1.85% : General Electric Company - Yahoo Finance
https://finance.yahoo.com/quote/ge/
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Everyone is going to be watching Powell deliver his most important speech yet
https://www.cnbc.com/2018/11/27/everyone-is-going-to-be-watching-powell-deliver-his-most-important-speech-yet.html
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20010452.pdf
http://clerk.house.gov/public_disc/ptr-pdfs/2018/20010452.pdf
20010631.pdf
http://clerk.house.gov/public_disc/ptr-pdfs/2018/20010631.pdf
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I thought it was interesting that BOTH Facebook, and Twitter took 20% plunges, each in a single day. How does that happen to these posterchild Tech stocks? Someone on the inside playing games/manipulating?
I mean, I know it's a managed market but who and why in this instance? Very odd...
Drat! I thought the FAANGs fell because people wised up to how bad of a business they all are.
But, seriously, there is a group that is trying to destroy the dollar. Actually two. One wants to replace it with the new global currency, the other wants a crash to reset things (and possibly bring out cryptos)
There is a third faction that seems hell bent on delaying the inevitable.
So, do we rip the bandaid off slowly or quickly?
What is really happening is that the FED is losing control, and they will do whatever they can to stay in control, at any price.
The game is not over until they’re all in prison or dead .