| You are receiving this as part of your free subscription to Critical Signals Report. To remove your email from this list, unsubscribe here. | | | | | Friday, November 1, 2019 | FED RED DAY - Fed Rate Drop Fails to Inspire By Matt Piepenburg | Here we go again - another near-miss Fed Red Day on Wednesday.
If you are new to Critical Signals Report, we describe Fed Red Days here.
In short, Fed Red Days occur on days that the Fed lowers interest rates (that's supposed to be good news in a Fed-manipulated Twilight Zone), but markets nevertheless close lower (that's bad news).
Good news is supposed to take the markets up... not down. Down is red - it means your stock investments probably lost money on a day that the Fed lowered rates - hence "Fed Red Day."
This is equally "bad news" because it's signaling that the Fed's magical powers are losing their "magic," and given the sad fact that today the Fed is the market, such red days are particularly disturbing signs.
Today, the Fed lowered interest rates by the expected 25 basis points (0.25%), taking interest rates down by a total of 0.75% since the first rate cut back on July 31 of this year. That's a 30% rate cut since July, but just 0.75% in basis points, raising the question as to whether cutting rates that are this low really matters anymore.
Here's what happened... | | | You are receiving this email at its028@gmail.com as a part of your free subscription to Critical Signals Report
Remove your email from this list: Unsubscribe
© 2019 Money Map Press All Rights Reserved. Critical Signals Report | 1125 N Charles Street | Baltimore, MD 21201 North America: 888.384.8339; International: 443.353.4519; Fax: 410.622.3050 Contact Customer Service Website: https://criticalsignalsreport.com/
Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice.
We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.
Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Critical Signals Report. 1125 N Charles Street, Baltimore, MD 21201.
| |
没有评论:
发表评论