Can someone please explain to me

BTHOB-98

Joined: Jul 24, 2000

Posts: 8,652

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

The stock markets response today to a 3/4 points increase? Are people feeling like this is the last one we bump the bottom? Or that a recession has somehow been avoided by increasing interest rates?

Baby Billy

Joined: Aug 8, 2014

Posts: 18,253

User Profile

Private Message

Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

3:56p, 7/27/22

AG

Market pricing in hopes that inflation has peaked.

4

gigemhilo

Joined: Dec 11, 2006

Posts: 4,786

User Profile

Private Message

Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

4:05p, 7/27/22

AG

The market has immediately surged after every rate increase so far.

4

BTHOB-98

Joined: Jul 24, 2000

Posts: 8,652

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

In reply to Baby Billy • 4:50p, 7/27/22

J. Peterman said:
Market pricing in hopes that inflation has peaked.

Is that based on what Powell said? He basically lauded to no more rate hikes.

PDEMDHC

Joined: Jan 29, 2013

Posts: 9,386

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

In reply to gigemhilo • 5:04p, 7/27/22

AG

gigemhilo said:
The market has immediately surged after every rate increase so far.

And then plummeted the next day with profit taking

7

Post removed:

by user

6:34p, 7/27/22

Stive

Joined: Oct 23, 1999

Posts: 18,361

User Profile

Private Message

Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

9:49p, 7/27/22

AG

Additionally the market had pretty much priced in a full point increase based on the comments and assumptions in June. When they only went up .75 and Powell made his comments, the afterburners kicked in for the day.