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Post# of 118685
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cliffvb

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cliffvb

Re: wadegarret post# 61359

Wednesday, 05/01/2019 8:27:25 PM

Wednesday, May 01, 2019 8:27:25 PM

Post# of 118685
I don't know of anyone who expected the Fed to lower rates today.

I think it was a more a case of buy the rumor, sell the news. Could also be that the market is already getting nervous about how far left some of the leading democratic presidential candidates are. Back to a regime of higher taxes and more regulation is not good for Wall Street investors.
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