_MK_Watcher_
:
The impact of rate cut is not immediate, it takes at least two quarters to feel the effect (and benefit). The drop of DJ is not because of the yesterday rate cut, it is because the number of rate cuts likely be happening in 2025, it was originally planned as 4, but now reduced to 2, which some how disappointing the markets. Anyway, the market is definitely over-reacting. Highly believe that everything will go back to its original path once the dust settled. Technically, the dip seen now from most of quality counters is one of the rare windows of opportunities for progressive entries.
tothemoooonnn : good more borrowing, not so fast yesterday just announce rate cut oni
JJ trader : Rate increases, bank get higher profits.
韭菜小散户 OP JJ trader : If so why is dbs keep dipping
JJ trader 韭菜小散户 OP : Please note that rate just cut. And the Dow dropped so much.
_MK_Watcher_ : The impact of rate cut is not immediate, it takes at least two quarters to feel the effect (and benefit). The drop of DJ is not because of the yesterday rate cut, it is because the number of rate cuts likely be happening in 2025, it was originally planned as 4, but now reduced to 2, which some how disappointing the markets. Anyway, the market is definitely over-reacting. Highly believe that everything will go back to its original path once the dust settled. Technically, the dip seen now from most of quality counters is one of the rare windows of opportunities for progressive entries.