Futures getting killed despite full point Rate Cut
- Thread starter NY_HOOD
- Start date
Yet, at the same time, everybody's quoting it on social media.
And everybody's doing what it tells them to.
Funny how that works.
Yup everyone on social media - which is NOT everyone.
Even then NOT everyone is doing what it tells them.
Funny what people will believe.
It's to help the economy, provide cheaper loans to businesses and citizens. The stock market may take it as a lack of confidence, but it is the correct thing to do by FED.
Low rates will help when business decide to invest and people can spend money.
There will be a lot of lay offs and zero rates will not do much when people are afraid to die.
The 50 dma didnt even go through the 200 dma yet which happened during every bear market BEFORE a bottom was made.
There will be a lot of lay offs and zero rates will not do much when people are afraid to die.
The 50 dma didnt even go through the 200 dma yet which happened during every bear market BEFORE a bottom was made.
Your theme here is stupid and ignores the realities of our world today. Wake up educate yourself the world isn't all about Americans. Yes, Canada does numerous things better then the US does you are just going to have to learn to accept it. The fact you have the resources to have a better more inclusive medical system and have yet to do so for 50 years running is not a good thing.
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... correct and reality based. And it is you that is trying to tell us Americans what we should do - "all about Americans" LOL . The fact also is that we have a better Pharma/Biotech system means the world has a better, subsidized medical system.
Rock throwers like to say nearly all other countries in the world have "free" healthcare. No country has "free" healthcare. Everything has a cost including healthcare.
Correct. There is no free lunch as my Econ professor said. Whether or not somebody as an American, or a foreigner, like the Military Industrial Complex, the fact remains: other countries can spend on the war machine because the US—their ally—spends heavily.
Who was it that sent the navy and B2s to Sweden, when during a Royal Swedish Naval exercise, Russia illegally invaded their waters? The US. The US need not be benevolent. That would be a straw man argument. The US isn't perfect, but you don't care about perfect when you are being defended by an ally.
Like @SunTrader said, we spend 17% of our GDP on healthcare. That's a lot of dough considering the size of our economy. These breakthroughs allow other countries to utilize our research. The second thing is quality. I have friends in Ireland, the UK and elsewhere. They go to the dentist for 10x cheaper but the quality in their suffers. They have been to hospitals and hospitals here. They all prefer here.
Another reason why they are cheap: GE admittedly produces "different" MRI machines, etc. for Japan (and probably others). The MRI machines cost less because they have 4x less resolution than the MRI machines here. You know what: an MRI in Japan is a little less than 4 times cheaper.