Post #485 by PucksFool on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks ❤

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https://bsky.app/profile/carlquintanilla.bsky.soci...
Dow On Pace For Longest Daily Losing Streak Since October 4, 1974

Graph at link.

It sounds like the Fed is getting ready to fight inflation with the one tool in its kit.
https://finance.yahoo.com/news/dow-rises-ahead-fed...
The Dow falls by 800 points as the Fed reduces rates by a quarter point and hints a more cautious stance in 2025

The Dow ended up over 1,100 points down.

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