Federal Reserve Rate Cut Proves to Be Ineffective- Dow Jones and 401k’s Posts Worst Week in 2019

Jerome Powell says the economy’s so great, we’re going to go ahead and cut interest rates anyway, but just a little tease so we can all see what happens. The stock market responded by dropping a full 1% across the board, not satisfied with the token measures presented at today’s Federal Reserve meeting. Federal Reserve […]

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Dow $80,000? Why the Heck Not? The Real Economy Doesn’t Matter Any More, Until It Does

´╗┐ With Dow Futures down almost 500 points before the market even opened, mainstream media were accusing Donald Trump of wrecking the economy from a few Tweets complaining that China was playing games and refusing to take trade talks seriously. The Dow seems to have shrugged it all off for the time being, leading us […]

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