Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$Advanced Micro Devices (AMD.US)$ hey guys will this fed rat...

$Advanced Micro Devices (AMD.US)$ hey guys will this fed rate cuts things really affect the market??? im just wondering what to dooo
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
Translate
Report
6145 Views
Comment
Sign in to post a comment
  • 10baggerbamm : well the market dropped 1,000 points I think that should answer your first question.
    the second part is a little bit more detailed
    you see all these bobbleheads that are pounding the table to buy small caps and buy mid caps and buy financial service companies they have a big problem. you see Wall Street was expecting a total of six rate cuts and now they're going to get two best case scenario for next year. small caps you know the ones that are going parabolic they are in dire need to refinance they're extremely high interest rate debt that they carry on their books. the stocks have rallied any anticipation of what will be a Year's worth of interest rates being reduced in 2025. Bank stocks have rallied and anticipation that the housing market will recover the people will be able to refinance their properties at lower rates do cash out refinances consolidate their debt sell their houses and move because right now they don't want to move and give up a 4% mortgage or 3% mortgage to go to a 7% mortgage.
    so chairman Mao of the Federal reserve destroyed the upside to real estate next year to bank profits next year to small caps having the ability to grow by borrowing cheap money next year.